Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's 'patient' monetary policy approach. Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its biggest intraday gain since Jan. 30. U.S. gold futures were up 0.1 percent at $1,315 an ounce. U.S. retail sales recorded their biggest drop in more than nine years in December...
Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...
Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...
Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch
Japan™s Nikkei fell on Friday as bleak U.S. retail sales data dampened investor risk appetite and dragged down the broader market, with exporters and financial firms underperforming. The Nikkei share average dropped 1.2 percent to 20,886.27 at the midday break, retreating from a two-month high of 21,235.62 hit on Thursday. For the week, the index has risen 2.7 percent so far. Overall sentiment was hurt by a report from the U.S. Commerce Department showing retail sales in December suffered...
Emas akan terus bersinar sebagai aset safe-haven dengan harga terdorong ke atas $ 1.300 per ons dalam tiga bulan ke depan, menurut perusahaan investasi raksasa Goldman Sachs.
Dalam sebuah catatan kepada klien, Jeff Currie, kepala penelitian komoditas global di bank, mengatakan ia menaikkan perkiraan harga emasnya untuk 2019 seiring kekhawatiran resesi yang terus meningkat terus mengguncang pasar keuangan.
Dia menambahkan bahwa permintaan emas bank sentral, yang merasakan pertumbuhan kuat sepanjang 2018, akan terus menjadi tema yang mendominasi di pasar.
œEmas ke depan akan didukung terutama oleh meningkatnya permintaan untuk aset defensif. Hal yang sama juga berlaku untuk pembelian bank sentral, dengan meningkatnya ketegangan geopolitik sehigga mendorong lebih banyak bank sentral untuk memasuki kembali pasar emas, "katanya.
Dalam update perkiraannya, Goldman Sachs sekarang melihat harga emas terdorong ke level $ 1.325 per ounce dalam tiga bulan, naik ke level $ 1.375 dalam enam bulan dan bergerak ke level $ 1.425 per ounce pada akhir tahun. Prospek baru ini merupakan peningkatan dari perkiraan tiga bulan, enam bulan dan 12 bulan sebelumnya yang masing-masing berada di level $ 1.250, $ 1.300, dan $ 1.325.
Target akhir tahun 2019 Goldman mewakili kenaikan hampir 10,5% untuk tahun ini. Harga emas tetap bertahan di sekitar level tertinggi enam bulan terakhir
Komentar Currie datang di saat harga emas melihat permintaan investor yang signifikan pada kuartal keempat. Bulan lalu sangat kuat untuk emas karena bank mencatat bahwa pasar ekuitas melihat pelemahan yang belum pernah terjadi sebelumnya, yang terburuk sejak Desember 1931.
Currie juga mencatat bahwa data AS mulai menandakan risiko pelambatan ekonomi AS, yang akan mendukung emas.
"Beberapa minggu terakhir telah terlihat penurunan tajam dalam sentimen risiko menyusul data ekonomi makro yang lemah pada bulan Desember dan kekhawatiran baru tentang arah pertumbuhan di masa depan" katanya.
Currie juga positif pada emas karena sepertinya Federal Reserve siap untuk menghentikan siklus pengetatannya. Kamis lalu, Ketua Federal Reserve Jerome Powell menegaskan kembali sikap sebelumnya bahwa karena tekanan inflasi yang lemah, bank sentral dapat bersabar untuk menunggu dan melihat bagaimana ekonomi AS akan berkinerja.
Currie mencatat bahwa pada tahap ini dalam siklus bisnis, emas tidak perlu terlalu takut dengan pengetatan kebijakan moneter lebih lanjut.
"Kami menemukan bahwa ketika siklus kenaikan suku bunga sudah di puncaknya, korelasi (negatif) biasa antara indikator-indikator ini dan emas mulai melemah, atau bahkan berubah negatif," katanya. "Ini karena harga emas mulai jauh lebih tinggi pada kekhawatiran akan resesi berikutnya daripada karena biaya kesempatan memegang emas." (Sdm)
Sumber: Kitco
Wall Street dan Main Street keduanya tetap bullish dalam survei emas mingguan Kitco News, pada dasarnya mempertimbangkan penurunan minggu lalu sebagai koreksi di pasar yang masih dalam tren naik. Lim...
Wall Street dan Main Street melihat emas untuk terus bergerak lebih tinggi minggu ini, menurut survei emas Kitco News. Banyak pedagang dan analis mengutip Komite Pasar Terbuka Federal yang dovish set...
Emas mungkin mendapat dorongan ke atas jika Federal Reserve tidak menaikkan suku bunga minggu ini tetapi kemudian bisa terluka jika laporan pekerjaan bulanan memperlihatkan kekuatan, kata Commerzbank....
Para bulls emas kembali. Setelah setahun melihat harga emas lebih lemah, investor dan analis sama-sama mengadopsi optimisme baru untuk tahun baru. Meskipun sentimen dalam seri Outlook 2019 kami telah ...
2019 akan melihat awal siklus bull baru untuk emas dan mendorong logam hingga level $ 1.500 per ounce, kata E.B. Tucker, direktur Metalla Royalty & Streaming. œUntuk menghasilkan banyak uang di...
Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's 'patient' monetary policy approach. Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its biggest intraday gain since Jan. 30. U.S. gold futures were up 0.1 percent at $1,315 an ounce. U.S. retail sales recorded their biggest drop in more than nine years in December...
Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...
Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...
Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch
Japan™s Nikkei fell on Friday as bleak U.S. retail sales data dampened investor risk appetite and dragged down the broader market, with exporters and financial firms underperforming. The Nikkei share average dropped 1.2 percent to 20,886.27 at the midday break, retreating from a two-month high of 21,235.62 hit on Thursday. For the week, the index has risen 2.7 percent so far. Overall sentiment was hurt by a report from the U.S. Commerce Department showing retail sales in December suffered...