Thursday, 22 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Shrugs Off U.S. Jobs Data as China Keeps Buying
Monday, 8 July 2019 17:13 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold shrugged off Friday's better-than-expected U.S. payrolls data to climb back above $1,400 an ounce, as China said it increased holdings of the precious metal for a seventh straight month.

Gold is bouncing back after posting its first weekly decline in seven weeks. Holdings in exchange-traded funds backed by the metal declined Friday but remain near the highest in six years. Investors will also be watching for delayed positioning data from the CFTC, expected later Monday.

Spot gold gained 0.4% to $1,405.32/oz. Prices -0.7% last week to snap six straight weeks of gains.

Source : Bloomberg

RELATED NEWS
Gold edges lower, focus on Jackson Hole summit for rate-cut direction...
Thursday, 22 August 2019 15:39 WIB

Gold prices fell marginally on Thursday, lingering around the key $1,500 level, as investors awaited the Federal Reserve chair's speech at a global central bankers' conclave for clues on future U.S. i...

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...

LATEST NEWS
US futures point to slightly higher open

U.S. stock index futures were slightly higher Thursday morning. At around 03:45 a.m. ET, Dow futures rose 36 points, indicating a positive open of more than 67 points. Futures on the S&P and Nasdaq were both slightly higher. Market focus is...

Gold edges lower, focus on Jackson Hole summit for rate-cut direction

Gold prices fell marginally on Thursday, lingering around the key $1,500 level, as investors awaited the Federal Reserve chair's speech at a global central bankers' conclave for clues on future U.S. interest rate cuts. Spot gold inched down 0.2%...

Hong Kong stocks end with steep losses

Hong Kong shares sank on Thursday as hopes for US interest rate cuts were overshadowed by worries about the city's economy and the impact of protests that are now in their third month. The Hang Seng Index dived 0.84 percent, or 221.32 points, to...

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...