Gold Steady as Investors Weigh Threat of Fresh Tariffs
Tuesday, 3 December 2019 09:36 WIB | PRECIOUS METALS |EMASGOLD

Gold was little changed amid renewed concerns over global trade tensions after the U.S. proposed tariffs on roughly $2.4 billion of French products.

This was in response to a tax on digital revenues that hits large American tech companies including Google, Apple Inc., Facebook Inc. and Amazon.com Inc. Also adding to the uncertainty: the looming Dec. 15 deadline on the next round of levies on China. Commerce Secretary Wilbur Ross warned that President Donald Trump will go ahead with those if there™s no deal with Beijing.

Still, there could be some headwinds for bullion after a pickup in factory data in China and Europe signaled that global growth could be stabilizing, although that was countered by an unexpected decline in U.S. manufacturing.

Spot gold little changed at $1,463.44/oz at 9:40am in Singapore.

Source : Bloomberg

RELATED NEWS

Gold futures end higher for the session, barely changed for the week
Saturday, 18 January 2020 02:03 WIB

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was als...

Gold Edges Higher, But Faces Worst Week in Two Months
Friday, 17 January 2020 19:32 WIB

Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a preliminary U.S.-China trade deal improved risk appetite. World shares hit record highs after data showed China's economy was stabilizing and the world's sec...

Gold Firm But Hemmed in Tight Range; Set For Worst Week in 2 Months
Friday, 17 January 2020 17:22 WIB

Gold prices edged higher on Friday but traded in a tight range as investors stayed on the sidelines in the absence of news  catalysts. The metal, however, was on track to post its biggest weekly drop in two months, as a long awaited U.S.-China Phase 1 trade deal fueled risk appetite. Spot gol...

Gold Prices Rose Amid Skepticism About U.S.-China Deal
Friday, 17 January 2020 10:36 WIB

Gold prices rose on Friday in Asia amid skepticism about the U.S.-China trade deal.The two countries signed the phase one trade deal on Wednesday, however, there are still doubts whether the U.S. and China can consistently develop the relations. Gold Futures for February delivery on New York™s CO...

Gold prices finish lower as some upbeat economic data dull haven demand
Friday, 17 January 2020 02:11 WIB

Gold futures gave up earlier gains to finish lower on Thursday, as some upbeat U.S. economic data dulled haven demand for the precious metal. Prices also declined on the back of further gains in U.S. benchmark stock indexes, which followed the completion Wednesday of the first stage in a trade pact...

ANOTHER NEWS
S&P 500, Dow close at new records, notch best weekly gains since August
Saturday, 18 January 2020 04:19 WIB U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif s