Gold Heads Lower As Dollar Finds Support And Bond Yields Edge Up
Tuesday, 31 March 2020 20:18 WIB | PRECIOUS METALS |EMASGOLD

Gold futures head lower Tuesday morning, putting the precious metal on track for a second drop in a row as government bond yields and the US. dollar rose, pressuring precious metals that have mostly gained in the month and quarter against the backdrop of the COVID-19 pandemic.

June gold on Comex was off $21.50, or 1.3%, at $1,621.87 an ounce, after falling 0.7% on Monday. For the month, gold has advanced 3.5% thus far, and is on pace for a return for the first quarter, which ends on Tuesday, of 6.5%, according to FactSet data.

Trading for precious metals has been marked by concerns about the rapidly moving infection, COVID-19, which was first identified in Wuhan, China in December, but has infected more than 800,000 people and claimed nearly 39,000 lives world-wide, as of Tuesday morning, according to data aggregated by Johns Hopkins University.

Source : Market Watch

RELATED NEWS

Gold Eases as Equity Rally Boosts Risk Appetite
Wednesday, 3 June 2020 09:36 WIB

Gold prices dipped on Wednesday as equity markets rallied on economic optimism and hopes for further stimulus measures boosted risk-on sentiment. Spot gold was down 0.2% at $1,722.93 per ounce, as of 1252 GMT. U.S. gold futures fell 0.3% to $1,729.70. Asian equities were set to follow the global e...

Gold futures post second straight loss
Wednesday, 3 June 2020 01:24 WIB

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited among analysts for the fall in prices. U.S. unrest and tensions with China continue to feed a bullish backdrop for the gold market, analysts said. Augus...

Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally
Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets perceived as risky like stocks. Commodity experts say that the yellow metal has enjoyed haven bids as investors remain wary of rising Sino-American trad...

Gold Slips On Strong Equities; Trade Jitters, US Unrest Limit Losses
Tuesday, 2 June 2020 18:45 WIB

Gold eased on Tuesday, weighed down by gains in stock markets, but concerns over civil unrest in U.S. cities and growing tensions between Washington and Beijing limited the decline. Spot gold was down 0.2% at $1,736.92 per ounce, having gained as much as 1% on Monday to hit its highest since May 21...

Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat
Tuesday, 2 June 2020 13:08 WIB

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,7...

ANOTHER NEWS
Gold Eases as Equity Rally Boosts Risk Appetite
Wednesday, 3 June 2020 09:36 WIB Gold prices dipped on Wednesday as equity markets rallied on economic optimism and hopes for further stimulus measures boosted risk-on sentiment. Spot gold was down 0.2% at $1,722.93 per ounce, as of 1252 GMT. U.S. gold futures fell 0.3% to...

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.