Gold eases as U.S.-China trade talks advance, Fed meeting looms
Monday, 28 October 2019 19:58 WIB | PRECIOUS METALS |SILVERPalladiumEMASGOLD

Gold eased on Monday after jumping 1% in the previous session as progress in U.S.-China trade talks limited further gains, and as caution set in ahead of this week's U.S. Federal Reserve meeting.

Palladium meanwhile continued a record run linked to supply shortages to hit another all-time high.

Spot gold was down 0.1% at $1,503.52 per ounce as of 12:13 GMT, while U.S. gold futures were 0.1% higher at $1,506.80 per ounce.

Traders are watching for further clues on the outlook for monetary policy at the Fed's Oct. 29-30 meeting, at which the U.S. central bank is widely expected to agree to cut its benchmark interest rates for the third time this year.

Among other precious metals, palladium rose 1.3% to $1,786.39 per ounce, having earlier hit a record high of $1,789.43. Silver was flat at $18.01 per ounce, while platinum was up 0.4% at $929.57 per ounce.

Source : Reuters

RELATED NEWS

Gold Heads for 3rd Week of Losses Amid Signs of Recovery
Friday, 5 June 2020 15:08 WIB

Gold eased on Friday ahead of a key U.S. jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets seen as higher risk, like stocks, at the metal's expense. Spot gold was down 0.2% at $1,708.07 per ounce as of 07:00 GMT, while U.S....

Gold Fades For Third Straight Week on Economic Recovery Hopes
Friday, 5 June 2020 12:54 WIB

Gold eased ahead of a highly awaited U.S. jobs report on Friday as markets pinned hopes on an economic recovery, putting the safe-haven metal on track for a third consecutive weekly decline. Spot gold was down 0.2% at $1,706.91 per ounce as of 0324 GMT. U.S. gold futures slid 0.7% to $1,714.50. Bu...

Gold marks first gain in 4 sessions on weakness in U.S. dollar and stocks
Friday, 5 June 2020 01:29 WIB

Gold futures rose on Thursday, with prices posting their first gain in four sessions on the back of weakness in the U.S. stock market and the dollar, as investors digested policy actions by the European Central Bank. Gold for August delivery on Comex tacked on $22.60, or 1.3%, to settle at $1,727.4...

Gold Prices Bounce Higher As Traders Watch For ECB Decision, Jobless Claims
Thursday, 4 June 2020 19:19 WIB

Gold prices rose on Thursday as investors awaited policy actions by the European Central Bank which could influence gold trade. The ECB is expected to expand its €750 billion Pandemic Emergency Purchase Program by €500 billion after ECB President Christine Lagarde downgraded the central bank™...

Gold Steadies Near $1,700 With Stock Rally on Pause
Thursday, 4 June 2020 16:19 WIB

Gold nudged higher to trade just above $1,700 an ounce, as investors take stock after Wednesday™s drop and global equities pause for a breather from their recent rally. Riskier assets gained yesterday after U.S. private payrolls showed fewer-than-expected job losses, adding to optimism ...

ANOTHER NEWS
Dow Futures Rise Ahead Of Week Final Test For Stock Market
Friday, 5 June 2020 16:05 WIB U.S. stock-index futures pointed to modest gains Friday, as investors look to a labor-market report that could reflect soaring unemployment even as the data signals a decelerating pace of job losses in coronavirus-stricken America. Futures for the...

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.