Gold futures end modestly higher, on track to tally a monthly gain
Tuesday, 30 June 2020 01:08 WIB |
PRECIOUS METALS |GOLDEMAS
Gold futures settled with a modest gain Monday, with prices on track to end the month, as well as the first half of the year, higher.
"There is still some safe-haven demand underpinning the yellow metal amid heightened concerns about the COVID-19 pandemic and a second wave hitting global economies" said Jim Wyckoff, senior analyst at Kitco.com. "There is also some profit-taking seen by the shorter-term futures traders to start the trading week."
August gold rose 90 cents, or 0.05%, to settle at $1,781.20 an ounce.
Friday, 10 July 2020 13:06 WIB
Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases.
The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases.
Gold futures were up by...
Friday, 10 July 2020 09:39 WIB
Gold held above $1,800 an ounce and headed for a fifth weekly advance as concerns about a resurgence in coronavirus cases bolstered demand for a haven.
The U.S. outbreak shows no signs of abating, with new daily cases topping 60,000 for the first time and record deaths in Florida and...
Friday, 10 July 2020 01:31 WIB
Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September 2011, but the haven metal held ground above $1,800 an ounce after data showed weekly U.S. jobless claims remained well above one million.
August gold fell $16.80, or 0.9%, to set...
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...
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, ...