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POPULAR NEWS
Gold Edges Higher After IMF Shaves World Growth Forecast

Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the Martin Luther King holiday while European ones were content to await the European Central Bank™s policy meeting later this week for clues as to how long the current regime of negative interest rates will last. Prices ticked up slightly after the International Monetary Fund kept its gloomy outlook for 2020, shaving its forecast for global growth this year to 3.3% from 3.4% in October. It also cut the...

Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for the precious metal as China prepares for its New Year celebrations this weekend. The Chinese tend to buy more gold for the holiday celebration. Other sources, however, said that a further spread of the coronavirus may eventually support haven buying of gold. CNN reported Tuesday that the U.S. was expected to announce its first case of Wuhan...

Gold Gains on Yemen Attacks, China Lunar New Year Buying

Gold prices rose to their highest in more than a week on Monday, after a missile attack in Yemen over the weekend fanned geopolitical concerns and boosted the metal™s safe-haven appeal, while buying ahead of the Chinese New Year also lent support. Spot gold was up 0.3% at $1,560.89 per ounce by 0726 GMT, after touching its highest since Jan. 10 at $1,562.51 earlier in the session. U.S. gold futures were flat at $1,560.50. œChinese New Year is in front of us and some buying has emerged...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Gold Eases Off 2-Week Peak, Virus Scare Stems Declines

Gold fell on Tuesday, easing off a two-week peak, as the dollar steadied near a one-month high, although fears of the economic fallout from the coronavirus in China dulled risk sentiment and kept prices supported above the $1,500 an ounce level. Spot gold was down 0.4% to $1,555.59 per ounce, after hitting its highest since Jan. 8 at $1,568.35 earlier in the session. U.S. gold futures fell 0.3% to $1,555.70 per ounce. The dollar held near the highest level in nearly a month, making gold...

Gold extends gains scored after Fed's Powell sends dovish signals on rates
Thursday, 11 July 2019 19:15 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasSILVER

Gold continued higher Thursday, building on gains scored a day earlier as remarks by Federal Reserve Chairman Jerome Powell were seen signaling a rate cut remains likely at the end of the month.

Gold for August delivery on Comex rose $9.10, or 0.6%, to $1,421.60 an ounce, while September silver was up 7.4 cents, or 0.5%, at $15.30 an ounce.

Powell's dovish tone sent the U.S. dollar lower and it remains weaker on Thursday. The ICE U.S. Dollar Index a measure of the currency against a basket of six major rivals, fell 0.2% Thursday to 96.885 and is down 0.4% so far this week. A weaker dollar can be a positive to commodities priced in the greenback as it makes them less expensive to users of other currencies.

Source : MarketWatch

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Wednesday, 22 January 2020 08:53 WIB

Gold was steady in Asia as markets assessed the likely impact of the spread of China™s coronavirus. Palladium extended its decline. Spot gold -0.1% to $1,556.81/oz at 7:41am in Singapore;...

Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal...
Wednesday, 22 January 2020 01:56 WIB

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for the precious metal as China prepares for its New Year...

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Tuesday, 21 January 2020 19:01 WIB

Gold fell on Tuesday, easing off a two-week peak, as the dollar steadied near a one-month high, although fears of the economic fallout from the coronavirus in China dulled risk sentiment and kept pric...

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Tuesday, 21 January 2020 15:40 WIB

Gold rose for a third day after the International Monetary Fund trimmed its global growth outlook for this year and as a virus outbreak in China weighed on risk appetite across markets. Palladium...

Gold Advances After IMF Trims Growth Outlook for 2020...
Tuesday, 21 January 2020 09:44 WIB

Gold climbed for a third day after the International Monetary Fund trimmed its global growth outlook for this year. The IMF predicted the world economy will strengthen in 2020, albeit ...

POPULAR NEWS
Gold Edges Higher After IMF Shaves World Growth Forecast

Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the Martin Luther King holiday while European ones were content to await the European Central Bank™s policy meeting later this week for clues as to how long the current regime of negative interest rates will last. Prices ticked up slightly after the International Monetary Fund kept its gloomy outlook for 2020, shaving its forecast for global growth this year to 3.3% from 3.4% in October. It also cut the...

Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for the precious metal as China prepares for its New Year celebrations this weekend. The Chinese tend to buy more gold for the holiday celebration. Other sources, however, said that a further spread of the coronavirus may eventually support haven buying of gold. CNN reported Tuesday that the U.S. was expected to announce its first case of Wuhan...

Gold Gains on Yemen Attacks, China Lunar New Year Buying

Gold prices rose to their highest in more than a week on Monday, after a missile attack in Yemen over the weekend fanned geopolitical concerns and boosted the metal™s safe-haven appeal, while buying ahead of the Chinese New Year also lent support. Spot gold was up 0.3% at $1,560.89 per ounce by 0726 GMT, after touching its highest since Jan. 10 at $1,562.51 earlier in the session. U.S. gold futures were flat at $1,560.50. œChinese New Year is in front of us and some buying has emerged...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Gold Eases Off 2-Week Peak, Virus Scare Stems Declines

Gold fell on Tuesday, easing off a two-week peak, as the dollar steadied near a one-month high, although fears of the economic fallout from the coronavirus in China dulled risk sentiment and kept prices supported above the $1,500 an ounce level. Spot gold was down 0.4% to $1,555.59 per ounce, after hitting its highest since Jan. 8 at $1,568.35 earlier in the session. U.S. gold futures fell 0.3% to $1,555.70 per ounce. The dollar held near the highest level in nearly a month, making gold...

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