Wednesday, 26 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold lower and risks weekly loss, on upbeat U.S. economic data
Saturday, 18 May 2019 01:10 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar.

June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week.

Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a weekly loss of 2.7%. July copper fell a penny, or 0.4%, to $2.738 a pound. It was down over 1% for the week.

Source: Marketwatch

RELATED NEWS
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 ...

Gold Sticks to Gains Above $1425 Level Ahead of US Data/Powell...
Tuesday, 25 June 2019 21:16 WIB

Gold trimmed a part of its early strong gains to fresh multi-year tops but has managed to hold with goodish intraday daily gains around the $1328 region. Having jumped to an intraday high level of $1...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build...
Tuesday, 25 June 2019 15:54 WIB

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the p...

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks...
Tuesday, 25 June 2019 10:56 WIB

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors...

LATEST NEWS
Dollar Pushes Higher as Markets Dial Back Fed Rate Cut Bets

The U.S. dollar edged higher on Wednesday, pulling away from a three month low as markets dialed back expectations for aggressive interest rate cuts by the Federal Reserve next month, but expectations for some monetary easing checked the...

Hong Kong Stocks End Higher, Bucking Regional Trend

Hong Kong shares closed with slight gains Wednesday, bucking a regional trend, as traders focus on the upcoming meeting between Donald Trump and Xi Jinping. The Hang Seng Index added 0.13 percent, or 36.00 points, to 28,221.98. The benchmark...

Gold Prices Drop Amid Powell's Defence of Fed's Independence

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 New York Mercantile Exchange fell 0.1% to...

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 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 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 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...