Gold Rose As Virus-Led Growth Fears Spur Safety Buying
Monday, 30 March 2020 20:35 WIB |
PRECIOUS METALS |EMASGOLD
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 riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months, sending European shares lower for a second straight session and oil prices to their weakest in 17 years.
Source : CNBC
Monday, 13 July 2020 14:27 WIB
Spot gold climbed as investors weighed virus developments in the U.S and the advance in equities on Monday.
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Monday, 13 July 2020 08:25 WIB
Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday.
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Saturday, 11 July 2020 01:11 WIB
Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment.
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Friday, 10 July 2020 20:28 WIB
Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook.
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Friday, 10 July 2020 16:48 WIB
Gold hovered above its key $1,800-an-ounce mark, on course for a fifth weekly advance, as investors weighed concern over a resurgence in coronavirus cases hurting the global economy.
Rising infections in the U.S. and Asia have supported havens like gold this week, even as the dollar ...