Gold steady as disappointing U.S. retail sales weigh on risk appetite
Thursday, 17 October 2019 08:50 WIB | PRECIOUS METALS | Spot EmasEMASGOLD

Gold prices held steady on Thursday as weak United States retail sales data fanned concerns that the country's economy may be feeling the pinch of the long-drawn trade war with China, while palladium held close to a record high hit the previous day.

Spot gold inched 0.1% higher to $1,490.37 per ounce as of 00:44 GMT. U.S. gold futures rose 0.1% to $1,495.60.

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.

Source : Reuters

RELATED NEWS

Gold Futures Settle with a Modest Loss
Wednesday, 15 July 2020 01:01 WIB

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a num...

Gold Edges Below $1,800 An Ounce
Tuesday, 14 July 2020 19:51 WIB

Gold futures edged lower Tuesday, slipping just under the psychologically important $1,800-an-ounce level. Gold for August delivery on Comex was off $14.70, or 0.8%, at $1,799.40 an ounce, while September silver was off 42.8 cents, or 2.1%, at $19.36 an ounce. Investors remain in œwait-and-see m...

Gold Drifts Near $1,800 Amid U.S.-China Tensions
Tuesday, 14 July 2020 17:13 WIB

Gold hovered near the $1,800-an-ounce mark, as investors weighed recent coronavirus developments and fresh tensions between the U.S. and China. Riskier assets including equities took a hit as rising virus cases prompted tighter restrictions from Hong Kong to California. The Worl...

Gold Holds Firm Near $1,800 Amid U.S.-China Tensions
Tuesday, 14 July 2020 13:54 WIB

Spot gold was steady near $1,800 an ounce as the dollar strengthened amid fresh tensions between the U.S. and China, and with investors weighing the economic damage caused by the pandemic. The Trump administration rejected China™s expansive maritime claims in the South China Sea, r...

Gold Steadies Amid U.S.-China Tensions, WHO's Warning
Tuesday, 14 July 2020 09:31 WIB

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage caused by the pandemic. The Trump administration rejected China™s expansive maritime claims in the South China Sea, reversing a previous p...

ANOTHER NEWS
Oil rises slightly ahead of OPEC+ meeting
Wednesday, 15 July 2020 02:09 WIB Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States. Brent crude futures gained 18 cents, or 0.42%, to...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.