Thursday, 27 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Holds Gain as Fed Seen Primed for 2019 Rate Pause
Thursday, 22 November 2018 16:01 WIB | PRECIOUS METALS |GOLDEMASBullion

Gold held an advance amid debate over whether the Federal Reserve will soften its stance on increasing interest rates.

Fed Chairman Jerome Powell and his colleagues are deemed likely to turn more wary of further tightening. Prospects for slowing global economic growth, fading U.S. fiscal stimulus and volatile financial markets all argue for more caution once officials lift rates next month near or into neutral territory, where policy neither spurs nor reins in economic activity. Higher rates curb the appeal of bullion as it doesn™t pay interest..

Bullion for immediate delivery +0.1% to $1,226.93/oz at 7:50am in London; +0.4% on Wednesday.

Bloomberg Dollar Spot Index -0.1%.

Other precious metals : Silver -0.1%

Source : Bloomberg

RELATED NEWS
Gold Holds Decline as Investors Await Trump-Xi Meeting...
Thursday, 27 June 2019 10:49 WIB

Gold held a drop as investors await the highly anticipated meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 Summit in Japan for developments on the trade ...

Gold settles lower after 4-session climb lifted prices near a 6-year high...
Thursday, 27 June 2019 01:30 WIB

Gold futures settled lower on Wednesday, down from the nearly six-year high scored a day earlier, following comments from Federal Reserve chair Jerome Powell on Tuesday that analysts interpreted as le...

Gold Prices Pull Back From Nearly 6-Year High as Stock Gains Firm...
Wednesday, 26 June 2019 18:58 WIB

Gold futures on Wednesday retreated from a nearly six-year high scored a day earlier amid expected progress on U.S.-China trade talks and a less-dovish-than-hoped Federal Reserve. U.S. Treasury Secre...

Gold Prices Drop Amid Powell's Defence of Fed's Independence...
Wednesday, 26 June 2019 15:18 WIB

Gold prices dropped on Wednesday in Asia as U.S. Federal Reserve chairman Jerome Powell played down expectations of aggressive rate cut. Gold futures for August delivery on the Comex division of the ...

Gold gives up nearly all of its gains, but settles at highest since late August 2013...
Wednesday, 26 June 2019 01:14 WIB

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell ...

LATEST NEWS
Gold Holds Decline as Investors Await Trump-Xi Meeting

Gold held a drop as investors await the highly anticipated meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 Summit in Japan for developments on the trade dispute. Trump is already weighing in. During...

Nikkei rises on hopes for progress in trade talks at G20

Japan's Nikkei rose on Thursday on hopes for progress in U.S.-China trade talks as investors cautiously awaited the outcome of the G20 summit. The Nikkei share average rose 0.9% to 21,267.60 points by midmorning. Overall sentiment improved, with...

Hong Kong stocks start day with gains

Hong Kong opened higher on Thursday with investors zoning in on the upcoming talks between Donald Trump and Xi Jinping on the sidelines of the G20. The Hang Seng Index added 0.46 percent, or 130.96 points, to 28,352.94. The benchmark Shanghai...

POPULAR NEWS
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six...

Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since...

Gold notches a third straight session gain, its second above $1,400
Tuesday, 25 June 2019 01:25 WIB

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400
Monday, 24 June 2019 12:57 WIB

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for...