Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal. August gold on Comex shed $18.70, or 1.1%, at $1,708.70 an ounce, nearly giving up all of its gains from the previous session. Meanwhile, July silver lost 24 cents, or 1.3%, at $17.830 an ounce, after sinking 0.6% on Thursday. For the week, gold is down 2.5%, while silver has lost 3.6% over the past five trading sessions. Source : Marketwatch

Read more

RECENT NEWS

Gold dropped after hitting a 14-month high on Friday as upbeat economic data at the end of last week suggested that there wasnt an urgent need for the Federal Reserve to cut interest rates. Spot gold as much as -0.4% to $1,336.26/oz, and traded at $1,340.08 at 9:19am in Singapore. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar...

Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week. Brent futures rose 27 cents, 0.4% to $62.28 a barrel by 0040 GMT. They rose 1.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.4%, at...

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the weeks start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to...

U.S. oil futures scored back-to-back session gains on Friday, as attacks on oil tankers near the Strait of Hormuz a day earlier raised risks to the global flow of crude oil. Prices, however, ended the week lower on persistent worries that trade tensions will lead to a slowdown in energy demand. July West Texas Intermediate oil rose 23 cents, or 0.4%, to settle at $52.51 a barrel on the New York...

Minyak berjangka AS mencatat gain back-to-back sesi pada Jumat ini, karena serangan terhadap tanker minyak di dekat Selat Hormuz sehari sebelumnya meningkatkan risiko terhadap aliran minyak mentah global. Harga mengakhiri pekan lebih rendah di tengah kekhawatiran yang terus-menerus bahwa ketegangan perdagangan akan menyebabkan perlambatan permintaan energi. Minyak West Texas Intermediate Juli...

Gold futures pared much of their earlier gains Friday as a strength in the dollar dulled the dollar-denominated metal's appeal to investors. Prices still logged their highest settlement since last Friday. For the week, they fell by 0.1%, with the haven metal failing to get a significant boost on the back of tensions in the Middle East and Hong Kong. "The fact that gold has managed to trade over...

Gold hit its highest since April last year on Friday as intensifying political concerns in the Middle East and weak economic data from China and the United States pushed it above the $1,350 level. Spot gold was up 1% to $1,355.00 per ounce, after hitting its highest since April last year at $1,358.04 earlier in the session. Prices have risen 1.1% so far this week, keeping the metal on track...

Oil prices struggled for direction on Friday, but headed for a weekly decline as fresh signs of expectations for weak demand and a forecast for strong supply growth next year more than offset the tension caused by suspected attacks on tankers off the coast of Iran. New York-traded West Texas Intermediate crude futures fell 19 cents, or 0.4%, to $52.09 a barrel by 8:15 AM ET (12:15 GMT), while...

PRECIOUS METALS
Gold Prices Head Lower for The Day and Week as Investors Watch Jobs Report
Friday, 5 June 2020 19:13 WIB Gold futures fell on Friday morning, amid a global rally in stocks that was dulling the appeal for the yellow metal. August gold on Comex shed...
ENERGY
Oil Prices Rise as OPEC+ Seen Setting Stage for Weekend Meeting
Friday, 5 June 2020 18:49 WIB Crude-oil futures climbed Friday morning, supported partly by reports that major oil producers are tentatively expected to convene over the weekend...
CURRENCIES
Euro in The Ascendancy on The Back of ECB Stimulus
Friday, 5 June 2020 15:37 WIB The euro climbed to a three-month high on Friday and was set for a third straight week of gains after the European Central Bank expanded its...

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.