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POPULAR NEWS
Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Tokyo Shares Flat Ahead of Fed Chair Powell Speech

Tokyo shares were treading water Friday as investors awaited a key address by the US Federal Reserve chair, who has come under pressure from the White House to cut rates. The benchmark Nikkei 225 index fell marginally, slipping 0.01 percent or 2.41 points to 20,625.60 in early trade, while the broader Topix index added 0.08 percent or 1.13 points to 1,499.19. Source : AFP

Gold Prices Drop Ahead of Jackson Hole Symposium

Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT). Markets currently expect the Fed to slash rates again at its next meeting in September, but uncertainties surrounding the direction of future...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

Gold notches back-to-back gains to hit another 6-year peak
Friday, 19 July 2019 02:24 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures fell on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor.

August gold trading on Comex tacked on $4.80, or 0.3%, to settle at $1,428.10 an ounce, after climbing by 0.9% on Wednesday. The latest settlement was the highest for a most-active contract since May 13, 2013, FactSet data show.

September silver added 22.7 cents, or 1.4%, to end at $16.198 an ounce, representing the latest in a series of sharp gains for gold™s sister metal. Most-active contract prices finished at their highest since June 29, 2018, according to Dow Jones Market Data.

Source: Marketwatch

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Friday, 23 August 2019 14:10 WIB

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Friday, 23 August 2019 09:06 WIB

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling com...

POPULAR NEWS
Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Tokyo Shares Flat Ahead of Fed Chair Powell Speech

Tokyo shares were treading water Friday as investors awaited a key address by the US Federal Reserve chair, who has come under pressure from the White House to cut rates. The benchmark Nikkei 225 index fell marginally, slipping 0.01 percent or 2.41 points to 20,625.60 in early trade, while the broader Topix index added 0.08 percent or 1.13 points to 1,499.19. Source : AFP

Gold Prices Drop Ahead of Jackson Hole Symposium

Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT). Markets currently expect the Fed to slash rates again at its next meeting in September, but uncertainties surrounding the direction of future...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

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