Sunday, 17 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold hovers near two-week low on strong dollar ahead of Fed minutes
Wednesday, 22 May 2019 11:38 WIB | PRECIOUS METALS |GOLDEMAS

Gold edged lower on Wednesday to hover near a two-week low, as a stronger dollar and signs of easing Sino-U.S. friction dented demand for bullion ahead of the minutes from U.S. Federal Reserve™s latest meeting.

Spot gold edged 0.1% lower to $1,273.70 per ounce at 0239 GMT. In the previous session, the metal fell to $1,268.97, its lowest since May 3.

U.S. gold futures were unchanged at $1,273.30 an ounce.

The dollar hovered near a four-week high supported by higher U.S. yields, which rose overnight after the United States eased trade restrictions on Chinese telecommunications equipment maker Huawei Technologies.

Among other precious metals, silver was steady at $14.44 per ounce.

Platinum was unchanged at $813.80 per ounce, while palladium edged up 0.1% to $1,320.50 per ounce.

Source: CNBC

RELATED NEWS
Gold futures fall for the session, gain 0.4% for the week...
Saturday, 16 November 2019 02:01 WIB

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, how...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal...
Friday, 15 November 2019 21:14 WIB

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for Dece...

Gold Pares Weekly Gain After Kudlow's Comments on Deal...
Friday, 15 November 2019 09:31 WIB

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90...

Gold Tallies Back-To-Back Gains as Treasury Yields Retreat...
Friday, 15 November 2019 02:06 WIB

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investme...

Gold Claws Back Ground as Treasury Yields Retreat...
Thursday, 14 November 2019 21:02 WIB

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal. Gold for December delivery on Comex, ros...

LATEST NEWS
Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai...

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71...

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a...

POPULAR NEWS
Gold Tallies Back-To-Back Gains as Treasury Yields Retreat
Friday, 15 November 2019 02:06 WIB

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on...

Gold Pares Weekly Gain After Kudlow's Comments on Deal
Friday, 15 November 2019 09:31 WIB

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with...

Gold Claws Back Ground as Treasury Yields Retreat
Thursday, 14 November 2019 21:02 WIB

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding...

Gold Rises Amid Growth Worries, Trade Uncertainty
Thursday, 14 November 2019 17:34 WIB

Gold advanced for a third day as investors turned back to havens amid gloomy economic data out of Asia and...