DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold futures post second straight loss

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited among analysts for the fall in prices. U.S. unrest and tensions with China continue to feed a bullish backdrop for the gold market, analysts said. August gold fell by $16.30, or 0.9%, to settle at $1,734 an ounce. Source: Marketwatch

Gold futures down a third straight session

Gold futures marked a third straight session decline on Wednesday, posting their lowest settlement in more than three weeks. Strength in the U.S. stock market, as well as smaller-than-expected private-sector job losses in May pressured prices for the haven metal. August gold fell by $29.20, or 1.7%, to settle at $1,704.80 an ounce. That was the lowest finish for a most-active contract since May 11, according to FactSet data. Source: Marketwatch

Gold Eases as Equity Rally Boosts Risk Appetite

Gold prices dipped on Wednesday as equity markets rallied on economic optimism and hopes for further stimulus measures boosted risk-on sentiment. Spot gold was down 0.2% at $1,722.93 per ounce, as of 1252 GMT. U.S. gold futures fell 0.3% to $1,729.70. Asian equities were set to follow the global equity rally from Tuesday, on hopes of more government stimulus. On Tuesday, stocks in the U.S., Europe and emerging markets hit their highest levels since early March. Traders hope that the...

Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,739.48 per ounce, as of 0344 GMT. U.S. gold futures rose 0.1% to $1,752.10. The U.S. is likely to revoke Hong Kong™s special status, and China would retaliate by limiting purchase of U.S....

Gold Under Pressure as Investors Snap Up Stocks, Dulling Demand for Havens

Gold lost ground Wednesday, unable to find traction higher as demand for equities dulls haven-related demand for the precious metal. Gold for August delivery on Comex was down $3.90, or 0.2%, at $1,730.20 an ounce. July silver was up 2 cents, or 0.1%, at $18.280 an ounce. Stock-index futures pointed to a higher start for U.S. equities, which have pushed back to early March levels on optimism over efforts to reopen the economy. Gold has failed to find much in the way of traditional haven...

Oil Holds Record Gain in Wild Week as Trump Wades Into Tussle
Friday, 20 March 2020 08:03 WIB | COMMODITY |BrentWTIMinyak

Oil kept climbing after its biggest ever single-day gain as U.S. President Donald Trump waded into the price war between Saudi Arabia and Russia that has rocked crude markets amid slumping demand.

Futures in New York posted the biggest spike on record Thursday, rebounding from the lowest settlement since 2002. Oil has been whipsawed this week as investors weigh further stimulus measures to combat the impact of the coronavirus pandemic against collapsing demand and an impending supply flood from the world™s biggest crude producers.

Trump said he was searching for œmedium ground to break the deadlock between the two oil superpowers as he faces calls from lawmakers to help the domestic oil industry. The U.S. also said it would kick off its commitment to fill its strategic reserves by buying 30 million barrels of American crude.

While oil has clawed back some losses many traders are bracing for the market rout to continue to below $20 a barrel, according to a Bloomberg survey. The price war is a œlose-lose strategy for the Saudis and Russia, analysts at MUFG Bank Ltd. said in a note, with the fiscal and revenue outlook for both countries challenging if crude holds below $40 for a protracted period.

Saudi Arabia has ordered state-run Aramco to keep output at a record high of 12.3 million barrels a day over the coming months, but in a surprise move Thursday, both the kingdom and Iraq cut the rebates on freight costs they give to customers, effectively lifting prices.

West Texas Intermediate for April delivery, which expires Friday, rose 56 cents to $25.78 a barrel on the New York Mercantile Exchange as of 7:54 a.m. in Singapore, trimming a fourth weekly loss. The more-active May contract gained 1.6% to $26.33. Brent crude for May added 0.3% to $28.55 on the ICE Futures Europe exchange after climbing 14% on Thursday.

Source : Bloomberg

RELATED NEWS
Oil Falls From $40 On Doubts Over Early OPEC Meeting...
Wednesday, 3 June 2020 18:38 WIB

Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and its allies to extend existing output cuts will take place....

Oil Prices Edge Down As Wary Traders Eye Upcoming OPEC+ Meeting...
Monday, 1 June 2020 13:44 WIB

Oil prices edged down on Monday as traders took profits, with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record ...

Oil Falls But Set To Post Biggest Monthly Rise In Years On Output Cuts...
Friday, 29 May 2020 14:19 WIB

Oil prices edged lower on Friday, set to post their first weekly fall in five weeks, after U.S. inventory data showed lacklustre fuel demand in the world™s largest oil consumer while worsening U.S.-...

Oil Prices Fall As U.S. Fuel Demand Remains Weak...
Friday, 29 May 2020 08:38 WIB

Oil prices edged lower on Friday after U.S. inventory data showed lacklustre fuel demand in the world™s largest oil consumer while worsening U.S.-China tensions weighed on global financial markets. ...

Oil Drops On Worse Than Feared Rise In U.S. Fuel Stocks...
Thursday, 28 May 2020 08:33 WIB

Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recovery in demand from coronavirus lockdowns. ...

POPULAR NEWS
Gold futures post second straight loss

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited among analysts for the fall in prices. U.S. unrest and tensions with China continue to feed a bullish backdrop for the gold market, analysts said. August gold fell by $16.30, or 0.9%, to settle at $1,734 an ounce. Source: Marketwatch

Gold futures down a third straight session

Gold futures marked a third straight session decline on Wednesday, posting their lowest settlement in more than three weeks. Strength in the U.S. stock market, as well as smaller-than-expected private-sector job losses in May pressured prices for the haven metal. August gold fell by $29.20, or 1.7%, to settle at $1,704.80 an ounce. That was the lowest finish for a most-active contract since May 11, according to FactSet data. Source: Marketwatch

Gold Eases as Equity Rally Boosts Risk Appetite

Gold prices dipped on Wednesday as equity markets rallied on economic optimism and hopes for further stimulus measures boosted risk-on sentiment. Spot gold was down 0.2% at $1,722.93 per ounce, as of 1252 GMT. U.S. gold futures fell 0.3% to $1,729.70. Asian equities were set to follow the global equity rally from Tuesday, on hopes of more government stimulus. On Tuesday, stocks in the U.S., Europe and emerging markets hit their highest levels since early March. Traders hope that the...

Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,739.48 per ounce, as of 0344 GMT. U.S. gold futures rose 0.1% to $1,752.10. The U.S. is likely to revoke Hong Kong™s special status, and China would retaliate by limiting purchase of U.S....

Gold Under Pressure as Investors Snap Up Stocks, Dulling Demand for Havens

Gold lost ground Wednesday, unable to find traction higher as demand for equities dulls haven-related demand for the precious metal. Gold for August delivery on Comex was down $3.90, or 0.2%, at $1,730.20 an ounce. July silver was up 2 cents, or 0.1%, at $18.280 an ounce. Stock-index futures pointed to a higher start for U.S. equities, which have pushed back to early March levels on optimism over efforts to reopen the economy. Gold has failed to find much in the way of traditional haven...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.