Gold settles off session lows after data show weakness in U.S. manufacturing
Tuesday, 3 December 2019 03:08 WIB | PRECIOUS METALS |GOLD
Gold fell on Monday, pressured by a round of upbeat data on Chinese manufacturing activity, but prices finished above the session™s worst levels as weakness in the U.S. manufacturing index dulled appetite for stocks.
Gold for February delivery on Comex fell $3.50, or 0.2%, to settle at $1,469.20 an ounce after tapping lows under $1,460. March silver lost 14 cents, or 0.8%, at $16.966 an ounce.
In other metals trade, January platinum fell nearly 0.1% to $899.70 an ounce, while March palladium gained 0.8% to $1,824.70 an ounce.
March copper fell 0.4% to $2.6505 a pound.
Saturday, 7 December 2019 03:06 WIB
Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new...
Friday, 6 December 2019 21:04 WIB
Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven.
Payrolls jumped 266,000, the ...
Friday, 6 December 2019 15:58 WIB
Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday.
China said Friday it's in the pr...
Friday, 6 December 2019 10:11 WIB
Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday.
President Donald Trump ...
Friday, 6 December 2019 02:11 WIB
Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven de...