Gold Investors Sit Tight Before Draghi's Last ECB Meet
Thursday, 24 October 2019 15:43 WIB | PRECIOUS METALS |SILVER Spot EmasEMASGOLD

Gold held a gain as investors await European Central Bank President Mario Draghi's final policy meeting and comments on Thursday.

Traders were also weighing the latest Brexit developments, and a raft of earnings. About 80% of companies on the S&P 500 have topped expectations for profits, though Texas Instruments and Caterpillar both showed how uncertainty stemming from trade tensions and global economic weakness.

Central bank easing has been a major theme supporting gold™s gains in 2019 as policy makers respond to signals of a global economic slowdown, especially in Europe. Draghi may elaborate on the institution's plans for debt purchases, and intensify calls for fiscal aid from governments.

Spot gold little changed at $1,492/oz at 7:51am in London; +0.3% Wednesday.

Spot silver little changed at $17.5420/oz. Platinum as much as +1.1% to $926.35/oz, highest level this month. Palladium +0.3% to $1,750.19/oz.

Source : Bloomberg

RELATED NEWS

Gold flat as virus fears offset gains in equities
Friday, 3 July 2020 17:11 WIB

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.      Spot gold was mostly unchanged at $1,774.75 per ounce by 9:31 GMT. Most U.S. markets...

Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data
Friday, 3 July 2020 14:35 WIB

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, reversing course as it reported its second-most daily infections of the outbreak, while Florida™s large...

Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data
Friday, 3 July 2020 08:24 WIB

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, reversing course as it reported its second-most daily infections of the outbreak, while Florida™s large...

Gold settles with a gain for the session and shorter week
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the world provided safe-haven support for the metal. Some of that support lacked in the U.S., where data showed better-than-expected jobs growth in June. ...

Gold Prices Edge Higher as Market Awaits Labor-Market Update
Thursday, 2 July 2020 19:04 WIB

Gold futures inched higher Thursday ahead of employment data in the U.S. that could influence trading in the precious commodity, a day after hope for a vaccine and a rally in stocks eroded appetite for the haven metal. Economists polled by MarketWatch estimate that 3.7 million jobs were created in ...

ANOTHER NEWS
Hong Kong Stocks End Week on Strong Note (Review)
Saturday, 4 July 2020 03:45 WIB Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, 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.