Wednesday, 24 July 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold slips from 2-week high as $1,300 proves to be a near-term barrier
Thursday, 17 January 2019 20:23 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold futures prices slipped from two-week highs on Thursday, as the psychologically important $1,300 line remained elusive for another session. Moderate stock strength kept the precious metal in check, although a weaker dollar propped up gold.

Gold settled Wednesday at its highest in nearly two weeks, at $1,293.80, on the back of political turmoil in the U.K. and U.S.

Early Thursday, gold for February delivery was off 10 cents, or less than 0.1%, at $1,293.70 an ounce, while March silver fell 5 cents, or 0.3%, to $15.59 an ounce.

Political uncertainty underpins the haven metal. Investors were increasingly worried that a U.S. partial government shutdown entering its 27th day would deliver a more lasting impact to economic growth in the first quarter. Financial markets also awaited next steps for Britain after Theresa May™s government narrowly survived a no-confidence vote Wednesday as she attempts to forge a path forward for the U.K. exit from the European Union.

Source: Reuters

RELATED NEWS
Gold Drops With Silver as Bulls Take Break Before Fed...
Tuesday, 23 July 2019 15:16 WIB

Gold dropped after U.S. lawmakers agreed on a debt-limit deal, boosting investors™ appetite for riskier assets as the dollar ticked higher. Silver retreated from near the highest leve...

Gold Drops With Silver as Bulls Take Break Before Fed...
Tuesday, 23 July 2019 13:03 WIB

Gold dropped after U.S. lawmakers agreed on a debt-limit deal, boosting investors™ appetite for riskier assets as the dollar ticked higher. Silver retreated from near the highest leve...

Gold Drops as Silver Retreats From Near 13-Month High...
Tuesday, 23 July 2019 09:36 WIB

Gold dropped after U.S. lawmakers agreed on a debt-limit deal, boosting investors™ appetite for risk. Silver retreated from near the highest level since June 2018. Spot gold -0....

Silver closes at 13-month high as gold ekes out a gain...
Tuesday, 23 July 2019 02:19 WIB

Silver futures settled at a 13-month high on Monday, outpacing strength in gold, which saw prices eke out only a modest gain. Rising geopolitical worries on the back of Iran's seizure of a British-fl...

Gold looks for direction after hitting 6-year high...
Monday, 22 July 2019 19:47 WIB

Gold futures hovered near unchanged Monday, in consolidation mode after hitting a six-year high last week but underpinned by rising geopolitical worries after Iran seized a British-flagged tanker and ...

LATEST NEWS
South Korean Claims of Warning Shots to Russian Jets Disputed by Moscow

South Korean air force jets fired 360 rounds of warning shots Tuesday after a Russian military plane twice violated South Korea's airspace off the country's east coast, Seoul officials said in an announcement that was quickly disputed by...

Stocks rise after strong earnings from Coca-Cola and United Technologies

Stocks rose on Tuesday as investors cheered strong quarterly numbers from companies like Coca-Cola and United Technologies. The Dow Jones Industrial Average climbed 84 points, or 0.3%. The S&P 500 and Nasdaq Composite also advanced 0.3%...

European stocks close higher on strong earnings; Johnson wins UK leadership race

European stocks closed higher Tuesday as investors digested a strong set of corporate results and looked ahead to this week™s European Central Bank policy meeting. The pan-European Stoxx 600 closed up 0.98% to 391.54 with the majority of sectors...

POPULAR NEWS
Silver closes at 13-month high as gold ekes out a gain
Tuesday, 23 July 2019 02:19 WIB

Silver futures settled at a 13-month high on Monday, outpacing strength in gold, which saw prices eke out only a modest gain. Rising geopolitical...

Gold Prices Rise on Rate Cut Expectations
Monday, 22 July 2019 13:11 WIB

Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month. Gold futures for...

Gold looks for direction after hitting 6-year high
Monday, 22 July 2019 19:47 WIB

Gold futures hovered near unchanged Monday, in consolidation mode after hitting a six-year high last week but underpinned by rising geopolitical...

Gold Retreats Further From Six-Year Peak as Deep Rate Cut Views Fade
Monday, 22 July 2019 09:47 WIB

Gold prices inched lower on Monday, extending losses after the metal hit a six-year peak on Friday, as investors rolled back expectations for a...