Thursday, 22 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold claws up from 2019 low, but ascent limited by stock-market gains
Wednesday, 17 April 2019 20:31 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago.

Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data.

Gold had moved lower this week as equity benchmarks in the U.S. flirted with records and the 10-year Treasury note yield pushed higher. Rising yields can undercut demand for bullion because the commodity doesn™t carry a coupon.

In other trading, May silver was up 4 cents, or 0.3%, at $14.96 an ounce and May copper rose 1.2% to $2.966 a pound. June palladium rose 0.7% to $1,338 an ounce, while July platinum rose 0.9% to $892 an ounce.

Source : MarketWatch

RELATED NEWS
Gold Holds Drop as Traders Await Jackson Hole Meeting...
Thursday, 22 August 2019 08:55 WIB

Gold held a decline as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday while mulling the minutes from the central bank™s l...

Gold ends flat, then moves lower in electronic trade after Fed minutes...
Thursday, 22 August 2019 01:24 WIB

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Fe...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell...
Wednesday, 21 August 2019 19:13 WIB

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance fr...

Gold eases as investors book profits; Fed minutes in focus...
Wednesday, 21 August 2019 15:55 WIB

Gold prices retreated below the key $1,500 level on Wednesday as traders booked profits and focus turned to the minutes of the U.S. Federal Reserve's July meeting for clues on future interest rate cut...

Gold Prices Slip Ahead of Jackson Hole Symposium...
Wednesday, 21 August 2019 13:47 WIB

Gold prices slipped on Wednesday in Asia ahead of the highly anticipated Jackson Hole symposium. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, ...

LATEST NEWS
Oil Steady as Attention Turns to Monetary Easing From Stockpiles

Oil steadied after its first drop this week as attention turned from expanding American fuel stockpiles to the prospects for monetary easing as the world™s top central bankers gather in Jackson Hole, Wyoming. Futures in New York were little...

Tokyo Shares End Flat Ahead of US Data, Fed Speech

Tokyo stocks closed flat on Thursday with investors in wait-and-see mode ahead of key US data expected later in the day and a speech by the Fed chairman the next day. The benchmark Nikkei 225 index inched up 0.05 percent, or 9.44 points, to end at...

2 US Service Members Killed in Afghanistan

Two U.S. service members were "killed in action" Wednesday in Afghanistan, the U.S. military said, as talks between the U.S. and the Taliban were set to resume in Qatar. U.S. officials confirmed this was an active combat situation but would not...

POPULAR NEWS
Gold ends lower as stock-market rebound dulls haven shine
Tuesday, 20 August 2019 02:20 WIB

Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor...

Gold ends higher, recoups some recent losses as bond yields slide
Wednesday, 21 August 2019 01:55 WIB

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day...

Hong Kong stocks end with big gains (Review)
Tuesday, 20 August 2019 03:55 WIB

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade...

Gold ends flat, then moves lower in electronic trade after Fed minutes
Thursday, 22 August 2019 01:24 WIB

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock...