Gold Slips on Upbeat Factory Data; Palladium Record
Monday, 2 December 2019 20:52 WIB | PRECIOUS METALS |EMASGOLD

Gold declined after better-than-expected manufacturing data from China and the euro-zone fueled a risk-on mood among investors. Palladium hit a fresh record.

A gauge of China's manufacturing jumped unexpectedly in November, signaling a recovery in activity amid state support. In the euro-zone, factory activityrose to a three-month high. Investors will be looking for clues Monday on the strength of the U.S. economy, with ISM manufacturing and construction spending data due.

Spot gold fell 0.3% to $1,459.24/oz by 8:24am in New York. Prices dropped 3.2% in November, biggest monthly decline since June 2018.

Spot palladium surged 0.5% to $1,850.27. Hit fresh record of $1,856.08 earlier Monday.

Source : Bloomberg

RELATED NEWS

Gold Futures Slip, Set to Take a Breather after Carving Out Fresh 9-Year Peak
Thursday, 9 July 2020 18:57 WIB

Gold futures edged back early Thursday, giving up some of its gains after the precious metal scored another settlement at the highest since September 2011, but silver and platinum futures were staging a sharp advance. Precious metals have mostly benefited from expectations for a lengthy period of g...

Gold Holds Near 2011 High on Virus Concerns, Dollar
Thursday, 9 July 2020 08:52 WIB

Gold held near the highest level in almost nine years as concerns over the coronavirus pandemic drives demand for haven assets, while the dollar slipped. The number of confirmed infections in the U.S. surpassed 3 million, representing a quarter of global cases. California and Texas, ...

Gold futures up a fourth straight session to mark another finish at the highest since 2011
Thursday, 9 July 2020 01:11 WIB

Gold futures climbed for a fourth straight session on Wednesday to mark another finish at their highest since September 2011. The move for gold above $1,800 is not surprising given "so many positive price drivers in its favor, with the key player being negative real rates," said Peter Spina, presid...

Gold Prices Extend Climb to 9-Year High as Traders See Few Limits to Central-Bank Stimulus
Wednesday, 8 July 2020 21:36 WIB

Gold futures climbed on Wednesday, building on their highest settlement since September 2011 a day earlier and supported by the prospect of a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic. On Tuesday, the Federal Reserve's No. 2, Richard...

Gold Prices Extend Climb Above 9-Year High as Traders See Few Limits to Central-Bank Stimulus
Wednesday, 8 July 2020 19:11 WIB

Gold futures were extending their gains early Wednesday after their highest settlement in the previous session since September 2011, supported by the prospect of a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic. On Tuesday, the Federal Re...

ANOTHER NEWS
Wall Street Gains As Investors Cheer Declining Jobless Claims
Thursday, 9 July 2020 20:51 WIB U.S. stocks opened higher on Thursday after data pointed to a declining trend in weekly jobless claims, with investors also weighing the risk of another business shutdown as U.S. COVID-19 cases soared. The Dow Jones Industrial Average rose 27.64...

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.