Gold Set For Biggest Weekly Drop in 2-1/2 Years on Trade Optimism
Friday, 8 November 2019 20:18 WIB |
PRECIOUS METALS |EMASGOLD
Gold prices inched lower on Friday and were on track for their biggest weekly decline in 2-1/2 years as a stronger dollar weighed, while optimism around U.S.-China trade talks dented bullion's safe-haven appeal.
Spot gold was down 0.1% at $1,465.97 per ounce, poised for its biggest weekly drop - about 3% - since May 2017. On Thursday, prices fell to their lowest since Oct. 1 at $1,460.75. U.S. gold futures were steady at $1,466.90.
The dollar index was headed for a weekly gain as it benefited from news that China and the United States had agreed to roll back tariffs as part of a potential preliminary pact to end their trade war.
Source : Reuters
Monday, 30 March 2020 20:35 WIB
Gold prices rose on Monday as investors sought safe havens amid fears over growing economic damage from the coronavirus after governments extended lockdowns to curtail its spread.
Spot gold was up 0.3% at $1,621.89 an ounce. U.S. gold futures edged 0.1% higher to $1,625.70.
Investors appetite for ...
Monday, 30 March 2020 18:05 WIB
Gold prices edged higher on Monday as investors sought safe havens, with fears about the economic damage from the coronavirus intensifying after governments extended lockdowns to curtail its spread.
Spot gold was up 0.3% at $1,621.60 per ounce by 0941 GMT, while U.S. gold futures gained 0.3% to $1,...
Monday, 30 March 2020 10:21 WIB
Gold prices slipped on Monday in Asia after recording their biggest weekly gains since 2008.
Gold futures were down by 0.1% at $1,652.50 by 9:34 PM ET (2:34 GMT), after almost reaching the $1,700 mark last week amid fears about the economic impact damage from the pandemic.
The Asian stock markets,...
Saturday, 28 March 2020 01:29 WIB
Gold futures settled with a loss on Friday but still scored the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the physical market for the precious metal.
Gold for April delivery on Comex fell $26.20, or 1.6%, to settl...
Friday, 27 March 2020 20:18 WIB
Gold futures pulled back Friday, but remained on track for the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the physical market.
Gold for April delivery on Comex fell $33.30, or 2%, to $1.617.90 an ounce, while May s...