Gold Prices Flat; Vulnerable to Near-Term Correction
Friday, 20 September 2019 08:32 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices are flat in early Asian trade as investors remain unsure on the outlook for further monetary easing by the U.S. Fed.
Gold is likely to continue to resonate with investors as it provides the "ultimate hedge against recessionary fears which remain elevated," AxiTrader says. However, gold remains vulnerable to a near-term correction, it says.
Spot gold is flat at $1,500.32/oz.
Source : Bloomberg
Thursday, 24 October 2019 01:20 WIB
Gold futures climbed on Wednesday to mark their first gain in four sessions, with prices settling at their highest in nearly a week.
"As investors grow weary waiting for a resolution to the Brexit saga, they are bound to fall back on their flight-to-safety mantra as they let the U.K. political unce...
Wednesday, 23 October 2019 19:32 WIB
Gold prices enjoyed a fillip from haven buying on Wednesday as a retreat in assets considered risky, amid political uncertainties like Brexit, underpinned gains in the yellow metal. The commodity is attempting to end a three-session stumble that had kept it pinned below $1,500, viewed as a key level...
Wednesday, 23 October 2019 15:59 WIB
Gold gains as risk appetite waned amid continuing Brexit turmoil, while Treasury yields slipped.
Prime Minister Boris Johnson looked set to try for an election, after his defining mission to take the U.K. out of the European Union was derailed as members of Parliament dramatically bl...
Wednesday, 23 October 2019 12:36 WIB
Gold prices were steady on Wednesday, as investors awaited more clarity on the Brexit and the U.S.-China trade war, but a rally in the bond markets provided modest support to the bullion.
Spot gold was up 0.1% at $1,489.45 per ounce, as of 04:41 GMT. U.S. gold futures rose 0.3% to $1,492.50 per oun...
Wednesday, 23 October 2019 08:53 WIB
Gold prices were steady on Wednesday, as investors waited for clarity on Brexit confusion after UK lawmakers voted for Prime Minister Boris Johnson's divorce plan but opposed his tight timetable to complete the legislative process in three days.
Spot gold was unchanged at $1,488.50 per ounce, as of...