Gold Sags Again Before the U.S., China Sign Trade Deal
Tuesday, 14 January 2020 09:44 WIB | PRECIOUS METALS |PerakBullionEMAS

Gold headed for the fourth decline in five days as the impending signing of the Sino-American trade deal in Washington on Wednesday hurt demand for havens. Silver retreated.

Bullion fell after the Trump administration lifted its designation of China as a currency cheat, saying the nation has made œenforceable commitments not to devalue the yuan and has agreed to publish exchange-rate information.

As risk sentiment improves and as concerns over potential military conflict in the Middle East ease, investors have turned toward riskier assets, with U.S. stocks at records. More than $1 billion was withdrawn last week from SPDR Gold Shares, the world™s largest bullion-backed exchange-traded fund, while holdings in gold-backed ETFs globally shrank the most since mid-November.

Spot gold as much as -0.8% to $1,536/oz, and trades at $1,538.45 at 10:04am in Singapore; -0.9% Monday. Bloomberg Dollar Spot Index steady. Silver -0.9% to $17.7982/oz.

Source : Bloomberg

RELATED NEWS

Gold Futures Settle with a Modest Loss
Wednesday, 15 July 2020 01:01 WIB

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a num...

Gold Edges Below $1,800 An Ounce
Tuesday, 14 July 2020 19:51 WIB

Gold futures edged lower Tuesday, slipping just under the psychologically important $1,800-an-ounce level. Gold for August delivery on Comex was off $14.70, or 0.8%, at $1,799.40 an ounce, while September silver was off 42.8 cents, or 2.1%, at $19.36 an ounce. Investors remain in œwait-and-see m...

Gold Drifts Near $1,800 Amid U.S.-China Tensions
Tuesday, 14 July 2020 17:13 WIB

Gold hovered near the $1,800-an-ounce mark, as investors weighed recent coronavirus developments and fresh tensions between the U.S. and China. Riskier assets including equities took a hit as rising virus cases prompted tighter restrictions from Hong Kong to California. The Worl...

Gold Holds Firm Near $1,800 Amid U.S.-China Tensions
Tuesday, 14 July 2020 13:54 WIB

Spot gold was steady near $1,800 an ounce as the dollar strengthened amid fresh tensions between the U.S. and China, and with investors weighing the economic damage caused by the pandemic. The Trump administration rejected China™s expansive maritime claims in the South China Sea, r...

Gold Steadies Amid U.S.-China Tensions, WHO's Warning
Tuesday, 14 July 2020 09:31 WIB

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage caused by the pandemic. The Trump administration rejected China™s expansive maritime claims in the South China Sea, reversing a previous p...

ANOTHER NEWS
Bursa Hong Kong Berakhir Lebih Rendah Lebih Dari 1 Persen (Review)
Wednesday, 15 July 2020 03:20 WIB Bursa Hong Kong berakhir lebih rendah lebih dari satu persen pada hari Selasa, sejalan dengan merosotnya di Asia, karena para pedagang khawatir atas penerapan kembali langkah-langkah penahanan di beberapa negara karena virus terus...

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.