Gold edges higher as trade-war worries continue
Monday, 12 August 2019 21:00 WIB | PRECIOUS METALS |GOLDEMASSILVER
Gold futures edged higher Monday, trading near a six-year high above $1,500-an-ounce set last week, as the U.S.-China trade battle continues and global investors focus on political demonstrations in Hong Kong.
December gold on Comex rose $7.40, or 0.5%, to $1,515.80 an ounce, while September silver was up 1.9 cent, s or 0.1%, at $16.95 an ounce.
The yellow metal ended with a minor loss on Friday, but logged a 3.5% weekly rise, the strongest since June 21. Stock-market volatility around U.S.-China trade tensions were credited with lifting haven assets, including gold. The potential for early elections in Italy and continued worries over protests in Hong Kong, have also provided support.
In other metals trade, October platinum fell 90 cents, or 0.1%, to $862.90 an ounce, while September palladium rose $3.20, or 0.2%, to $1,422.50 an ounce.
Source : MarketWatch
Saturday, 14 September 2019 02:08 WIB
Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb.
Gold pared some of its earlier gains ...
Friday, 13 September 2019 19:19 WIB
Gold prices rose back above the key $1,500 level on Friday as the U.S. dollar slipped on the back of a strong euro, though hopes for a thaw in Sino-U.S. trade tensions supported equity markets, cappin...
Friday, 13 September 2019 16:09 WIB
Gold is set for a third weekly drop, the worst run in five months, as investors weigh goodwill measures on trade from China and the U.S. against fresh stimulus from the European Central Bank and ...
Friday, 13 September 2019 10:02 WIB
Gold prices were little changed on Friday, on track for a third weekly decline as optimism over the U.S.-China trade talk fanned risk sentiment, while palladium hovered around a record peak on concern...
Friday, 13 September 2019 02:17 WIB
Gold futures marked a second consecutive gain Thursday after the European Central Bank cut eurozone interest rates and delivered a batch of measures intended to boost the region's sluggish economy ”...