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POPULAR NEWS
Gold futures tally a fifth straight session climb

Gold futures climbed on Wednesday for a fifth consecutive session, marking another settlement at their highest since March 2013, with strength in U.S. equities failing to pressure prices for the haven metal. "I believe retail investors are pouring into equities, while institutional investors are a little more cautious and seeking safe haven exposure," said Jeff Wright, executive vice president of GoldMining Inc. April gold rose $8.20, or 0.5%, to settle at $1,611.80 an ounce, ahead of the...

Gold futures mark highest settlement in 7 years

Gold futures climbed on Thursday for a sixth consecutive session to log their highest settlement since February 2013. "Coronavirus fears magnetized investors towards safe-haven assets," said Lukman Otunuga, senior research analyst at FXTM. "With the virus outbreak fostering uncertainty, unease and anxiety across the board, gold is set to shine through the chaos." April gold rose $8.70, or 0.5%, to settle at $1,620.50 an ounce. Source: Marketwatch

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven interest, while palladium resumed its record rally driven by concerns over a supply shortfall. Spot gold rose 0.5% to $1,609.63 per ounce. The metal jumped to $1,610.72 earlier, its highest since Jan. 8, when gold hit its highest in nearly 7 years. U.S. gold futures rose 0.6% to $1,612.90. Bullion held firm even as European shares hit a fresh record...

Gold Falls from Near 7-yr Peak as China Acts to Support Economy

Gold edged lower on Thursday after China announced more measures to limit the economic impact from coronavirus epidemic, although a rise in number of new cases in South Korea kept bullion close to a near seven-year peak. Spot gold was down 0.1% at $1,610.31 per ounce. U.S. gold futures rose 0.1% to $1,613.30. Gold rose to its highest since March 2013 at $1,612.62 in the previous session on concerns of the economic impact of the virus outbreak. Source : Reuters

Gold Prices Up; Fed Minutes Eyed

Gold prices inched up on Wednesday as traders await the U.S. Federal Reserve™s minutes of its latest meeting, which is due later in the day. Gold Futures for April delivery gained 0.2% to $1,607.25 by 1:45 AM ET (05:45 GMT). The yellow metal gained more than 5% so far this year is now near its highest level since 2013. Fears of the new coronavirus and its impact on global growth pushed the safe-haven metal higher, while speculation that the Fed might reduce interest rates were also cited...

Gold prices firm as dollar eases on grim U.S. retail sales
Friday, 15 February 2019 08:20 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's 'patient' monetary policy approach.

Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its biggest intraday gain since Jan. 30.

U.S. gold futures were up 0.1 percent at $1,315 an ounce.

U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018.

Further dimming investor sentiment was other data showing an unexpected increase in the number of Americans filing claims for unemployment benefits last week and a second straight monthly decline in producer prices in January.

Two White House negotiators in trade talks with China will meet on Friday with Chinese President Xi Jinping, but there has been no decision to extend a March 1 U.S. deadline for a deal, White House economic adviser Larry Kudlow said on Thursday.

Source: Reuters

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Thursday, 20 February 2020 16:22 WIB

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POPULAR NEWS
Gold futures tally a fifth straight session climb

Gold futures climbed on Wednesday for a fifth consecutive session, marking another settlement at their highest since March 2013, with strength in U.S. equities failing to pressure prices for the haven metal. "I believe retail investors are pouring into equities, while institutional investors are a little more cautious and seeking safe haven exposure," said Jeff Wright, executive vice president of GoldMining Inc. April gold rose $8.20, or 0.5%, to settle at $1,611.80 an ounce, ahead of the...

Gold futures mark highest settlement in 7 years

Gold futures climbed on Thursday for a sixth consecutive session to log their highest settlement since February 2013. "Coronavirus fears magnetized investors towards safe-haven assets," said Lukman Otunuga, senior research analyst at FXTM. "With the virus outbreak fostering uncertainty, unease and anxiety across the board, gold is set to shine through the chaos." April gold rose $8.70, or 0.5%, to settle at $1,620.50 an ounce. Source: Marketwatch

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven interest, while palladium resumed its record rally driven by concerns over a supply shortfall. Spot gold rose 0.5% to $1,609.63 per ounce. The metal jumped to $1,610.72 earlier, its highest since Jan. 8, when gold hit its highest in nearly 7 years. U.S. gold futures rose 0.6% to $1,612.90. Bullion held firm even as European shares hit a fresh record...

Gold Falls from Near 7-yr Peak as China Acts to Support Economy

Gold edged lower on Thursday after China announced more measures to limit the economic impact from coronavirus epidemic, although a rise in number of new cases in South Korea kept bullion close to a near seven-year peak. Spot gold was down 0.1% at $1,610.31 per ounce. U.S. gold futures rose 0.1% to $1,613.30. Gold rose to its highest since March 2013 at $1,612.62 in the previous session on concerns of the economic impact of the virus outbreak. Source : Reuters

Gold Prices Up; Fed Minutes Eyed

Gold prices inched up on Wednesday as traders await the U.S. Federal Reserve™s minutes of its latest meeting, which is due later in the day. Gold Futures for April delivery gained 0.2% to $1,607.25 by 1:45 AM ET (05:45 GMT). The yellow metal gained more than 5% so far this year is now near its highest level since 2013. Fears of the new coronavirus and its impact on global growth pushed the safe-haven metal higher, while speculation that the Fed might reduce interest rates were also cited...

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