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POPULAR NEWS
Gold Ends at Nearly 3-Week Low as Dollar, Stocks Perk Up

Gold futures ended lower Tuesday as global stocks staged a rebound and the dollar strengthened a bit, dulling bullion's appeal and sending prices to the lowest finish in almost three weeks. June gold on Comex lost $4.10, or 0.3%, to settle at $1,273.20 an ounce, after booking a modest rise on Monday. The yellow metal logged the lowest most-active contract settlement since May 2, and turned slightly lower week to date, according to FactSet data. Gold's recent gains had been supported by...

Gold Ends Modestly Higher, Edges Up Further in Electronic Trade after Fed Minutes

Gold prices posted a modest gain on Wednesday, recouping a portion of the loss from a day earlier as U.S. benchmark stock indexes moved lower. Prices then moved a few cents higher in electronic trading after minutes from the Federal Open Market Committee's April 30 to May 1 meeting showed that voting members seemed comfortable with their patient stance on interest rates. In electronic trading, gold for June delivery was at $1,274.50 an ounce shortly after the meeting minutes. The contract had...

Gold hovers near two-week low on strong dollar ahead of Fed minutes

Gold edged lower on Wednesday to hover near a two-week low, as a stronger dollar and signs of easing Sino-U.S. friction dented demand for bullion ahead of the minutes from U.S. Federal Reserve™s latest meeting. Spot gold edged 0.1% lower to $1,273.70 per ounce at 0239 GMT. In the previous session, the metal fell to $1,268.97, its lowest since May 3. U.S. gold futures were unchanged at $1,273.30 an ounce. The dollar hovered near a four-week high supported by higher U.S. yields, which rose...

Gold Trades at Nearly 3-Week Low as Dollar, Stocks Perk Up

Gold prices headed lower Tuesday as global stocks staged a rebound and the dollar strengthened, factors that helped to dull bullion™s appeal. June gold on Comex traded $4.90, or 0.4%, lower at $1,272.40 an ounce, after booking a modest rise on Monday. The day™s early trading put the yellow metal on pace to log its lowest settlement since May 2, according to FactSet data. Gold™s gains had been supported by increased U.S.-China trade tensions and worries about other political...

Gold Holds Near Two-Week Low as Dollar Builds on Gains

Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar. Spot gold -0.1% at $1,276.10/oz in London.Price reached $1,273.71 on Monday, lowest since May 3. Beijing™s ambassador to the European Union warned of the potential for retaliation after President Donald Trump blacklisted Huawei Technologies Co. Gold still stands to benefit if U.S.-China relations deteriorate, although that may be offset by diminished Asian...

Dollar firms, sterling falls again on Brexit worries
Monday, 11 March 2019 09:02 WIB | CURRENCIES | Indeks Dolar Euro

The dollar edged up early on Monday, hovering close to a near three-month high as investors took cover in the currency amid global growth concerns, while sterling extended its decline on an uncertain outlook over Britain's exit from the European Union.

The dollar index, which measures the greenback against a basket of six major rivals, gained 0.1 percent to 97.426 in early Asian trading.

The index was just shy of its recent peak of 97.710 hit last Thursday, its highest since Dec. 14 last year. It is up 1.3 percent so far this year.

The euro was a shade lower at $1.1225. The single currency had fallen to its weakest level since late June 2017 on Thursday, hurt by dovish signals from the European Central Bank (ECB).

On Monday, the British pound gave up 0.4 percent to $1.2968 after briefly dipping to a near three-week low on nervousness over Brexit. The currency had already fallen for seven straight sessions.

Source: Reuters

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POPULAR NEWS
Gold Ends at Nearly 3-Week Low as Dollar, Stocks Perk Up

Gold futures ended lower Tuesday as global stocks staged a rebound and the dollar strengthened a bit, dulling bullion's appeal and sending prices to the lowest finish in almost three weeks. June gold on Comex lost $4.10, or 0.3%, to settle at $1,273.20 an ounce, after booking a modest rise on Monday. The yellow metal logged the lowest most-active contract settlement since May 2, and turned slightly lower week to date, according to FactSet data. Gold's recent gains had been supported by...

Gold Ends Modestly Higher, Edges Up Further in Electronic Trade after Fed Minutes

Gold prices posted a modest gain on Wednesday, recouping a portion of the loss from a day earlier as U.S. benchmark stock indexes moved lower. Prices then moved a few cents higher in electronic trading after minutes from the Federal Open Market Committee's April 30 to May 1 meeting showed that voting members seemed comfortable with their patient stance on interest rates. In electronic trading, gold for June delivery was at $1,274.50 an ounce shortly after the meeting minutes. The contract had...

Gold hovers near two-week low on strong dollar ahead of Fed minutes

Gold edged lower on Wednesday to hover near a two-week low, as a stronger dollar and signs of easing Sino-U.S. friction dented demand for bullion ahead of the minutes from U.S. Federal Reserve™s latest meeting. Spot gold edged 0.1% lower to $1,273.70 per ounce at 0239 GMT. In the previous session, the metal fell to $1,268.97, its lowest since May 3. U.S. gold futures were unchanged at $1,273.30 an ounce. The dollar hovered near a four-week high supported by higher U.S. yields, which rose...

Gold Trades at Nearly 3-Week Low as Dollar, Stocks Perk Up

Gold prices headed lower Tuesday as global stocks staged a rebound and the dollar strengthened, factors that helped to dull bullion™s appeal. June gold on Comex traded $4.90, or 0.4%, lower at $1,272.40 an ounce, after booking a modest rise on Monday. The day™s early trading put the yellow metal on pace to log its lowest settlement since May 2, according to FactSet data. Gold™s gains had been supported by increased U.S.-China trade tensions and worries about other political...

Gold Holds Near Two-Week Low as Dollar Builds on Gains

Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar. Spot gold -0.1% at $1,276.10/oz in London.Price reached $1,273.71 on Monday, lowest since May 3. Beijing™s ambassador to the European Union warned of the potential for retaliation after President Donald Trump blacklisted Huawei Technologies Co. Gold still stands to benefit if U.S.-China relations deteriorate, although that may be offset by diminished Asian...

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