Gold Futures Score First Weekly Gain in a Month
Saturday, 21 September 2019 01:24 WIB | PRECIOUS METALS |GOLDEMAS
Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal.
President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have safe-haven interest perking up into the weekend." Trump also said Friday that he didn™t need a trade deal with China before the 2020 election and reports said that a Chinese delegation cancelled plans to visit farms in Montana as part of its trade negotiations with the U.S. December gold gained $8.90, or 0.6%, to settle at $1,515.10 on Comex. It rose about 1% for the week, according to FactSet data.
Source : Marektwatch
Saturday, 23 May 2020 02:35 WIB
Gold prices ended higher on Friday as testiness between the U.S. and China fed risk-off sentiment, drawing investors into assets considered to be havens, including government debt and the Japanese yen...
Friday, 22 May 2020 19:39 WIB
Gold prices headed higher on Friday as testiness between the U.S. and China drew investors into assets considered havens, including government debt and the Japanese yen.
However, continuing plans to ...
Friday, 22 May 2020 17:40 WIB
Gold gained on Friday as an escalation in U.S.-China tensions underpinned bullion's safe-haven appeal, although positive economic indicators after some countries eased lockdowns set up the precious me...
Friday, 22 May 2020 12:46 WIB
Gold steadied on Friday as an escalation in U.S.-China tensions underpinned bullion's safe-haven appeal, although positive economic data and easing lockdowns in some countries set up the precious meta...
Friday, 22 May 2020 09:56 WIB
Gold prices inched up on Friday, after falling more-than 1% in the previous session, as rising concerns over U.S.-China relations weighed on risk appetite, although the metal still looked to be headed...