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POPULAR NEWS
Gold Retreats After 2-Session Climb as Palladium Futures Look to Settle Above Gold

Gold futures headed lower Tuesday, pulling back after a two-session climb as U.S. benchmark equity indexes rose and the dollar strengthened. Palladium, meanwhile, looked to extend their streak of gains to an 11th consecutive session, setting futures prices up to settle above that of gold for the first time in over 16 years. February gold shed $2.90, or 0.2%, to settle at $1,288.40 an ounce. Futures prices, which touched an intraday high of $1,296.60 on Monday, haven™t been able to settle...

Gold Rises as Brexit Turmoil Eclipses Jump in Equities

Gold futures rose for the third time in four sessions as the U.K.™s fallout over Brexit eclipsed a global stock market rally. The metal is heading for a fifth week of gains as the U.K. parliament is mired in turmoil surrounding the terms of leaving the European Union. Haven demand helped boost holdings in exchange-traded funds backed by bullion to a 13th straight gain and the highest since May. In the cash market, platinum, trading near a decade low, is near...

Gold Sees Little Reaction After Economic Data

Gold prices are seeing little reaction but remain under pressure as inflation pressures remain elusive in the U.S. economy. Gold prices were under modest selling pressure ahead of the report and remain relatively unchanged in initial reaction. The market continues to stubbornly hold just below $1,300 an ounce. February gold futures last traded at $1,289.80 an ounce, down 0.12% on the day. Tuesday, the U.S. Labor Department said its Producer Price Index (PPI) fell 0.2% in December following a...

China Stocks Higher at Close of Trade; Shanghai Composite Up 1.36%

China stocks were higher after the close on Tuesday, as gains in the Life Insurance, Technology Hardware & Equipment and Technology sectors led shares higher. At the close in Shanghai, the Shanghai Composite added 1.36% or 34.58 to 2,570.34 , while the SZSE Component index gained 1.86% or 138.15 to 7,547.35 . The best performers of the session on the Shanghai Composite were Ningbo Haitian Precision Machinery Co Ltd, which rose 10.07% or 0.760 points to trade at 8.310 at the...

Gold Prices Rise as Failed Brexit Vote Drags on Dollar

Gold prices inched up on Wednesday on expectations of a pause in U.S. interest rate hikes and as the dollar weakened against the pound after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union. Spot gold was up 0.1 percent at $1,290.56 per ounce at 0050 GMT. U.S. gold futures had risen 0.2 percent to $1,290.60 per ounce. Source : Reuters

Gold Holds Sub-$1,300 Range as Bullish Signals Mount
Friday, 11 January 2019 18:32 WIB | PRECIOUS METALS |GOLDEMAS

Gold's headed for a fourth weekly gain as the metal continues to trade around the $1,290 an ounce level it™s maintained so far this year.

Spot gold +0.5% to $1,292.59; headed for gain of 0.5% this week. Bloomberg Dollar Spot Index -0.3%. In other precious metals, Silver +0.8% to trim weekly losses, Platinum +0.3% and Palladium -0.3% after hitting record on Wednesday.

Source : Bloomberg

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POPULAR NEWS
Gold Retreats After 2-Session Climb as Palladium Futures Look to Settle Above Gold

Gold futures headed lower Tuesday, pulling back after a two-session climb as U.S. benchmark equity indexes rose and the dollar strengthened. Palladium, meanwhile, looked to extend their streak of gains to an 11th consecutive session, setting futures prices up to settle above that of gold for the first time in over 16 years. February gold shed $2.90, or 0.2%, to settle at $1,288.40 an ounce. Futures prices, which touched an intraday high of $1,296.60 on Monday, haven™t been able to settle...

Gold Rises as Brexit Turmoil Eclipses Jump in Equities

Gold futures rose for the third time in four sessions as the U.K.™s fallout over Brexit eclipsed a global stock market rally. The metal is heading for a fifth week of gains as the U.K. parliament is mired in turmoil surrounding the terms of leaving the European Union. Haven demand helped boost holdings in exchange-traded funds backed by bullion to a 13th straight gain and the highest since May. In the cash market, platinum, trading near a decade low, is near...

Gold Sees Little Reaction After Economic Data

Gold prices are seeing little reaction but remain under pressure as inflation pressures remain elusive in the U.S. economy. Gold prices were under modest selling pressure ahead of the report and remain relatively unchanged in initial reaction. The market continues to stubbornly hold just below $1,300 an ounce. February gold futures last traded at $1,289.80 an ounce, down 0.12% on the day. Tuesday, the U.S. Labor Department said its Producer Price Index (PPI) fell 0.2% in December following a...

China Stocks Higher at Close of Trade; Shanghai Composite Up 1.36%

China stocks were higher after the close on Tuesday, as gains in the Life Insurance, Technology Hardware & Equipment and Technology sectors led shares higher. At the close in Shanghai, the Shanghai Composite added 1.36% or 34.58 to 2,570.34 , while the SZSE Component index gained 1.86% or 138.15 to 7,547.35 . The best performers of the session on the Shanghai Composite were Ningbo Haitian Precision Machinery Co Ltd, which rose 10.07% or 0.760 points to trade at 8.310 at the...

Gold Prices Rise as Failed Brexit Vote Drags on Dollar

Gold prices inched up on Wednesday on expectations of a pause in U.S. interest rate hikes and as the dollar weakened against the pound after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union. Spot gold was up 0.1 percent at $1,290.56 per ounce at 0050 GMT. U.S. gold futures had risen 0.2 percent to $1,290.60 per ounce. Source : Reuters

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