Wednesday, 18 September 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Settles Above $1,400 as Investors Await Interest-Rate Hints From Fed Chair Powell
Wednesday, 10 July 2019 01:32 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures rose Tuesday to top $1,400 an ounce, as investors awaited Federal Reserve Chairman Jerome Powell™s testimony to Congress which could offer clues about the prospects for interest rate cuts in coming months.

Powell delivered remarks on recent stress tests for banks at a conference in Boston Tuesday without commenting on monetary policy, but the week™s main event was expected to be his two days of testimony on the economic outlook before Congress beginning Wednesday. That™s the same day the Fed will also release the minutes from the central bank™s June meeting.

Gold for August delivery on Comex rose 50 cents, or 0.04%, to settle at $1,400.50 an ounce after trading as low as $1,387.50. September silver tacked o 9.7 cents, or 0.6%, at $15.147 an ounce.

Source : Marketwatch

RELATED NEWS
Gold prices edge lower as traders await Fed policy decision...
Wednesday, 18 September 2019 20:03 WIB

Gold futures on Wednesday headed lower ahead of a Federal Reserve decision that could set the near-term tone for bullion trading for the next several weeks. December gold on Comex slipped $3.20, or 0...

Gold Holds Line Near $1,500 as Central Bank Titans Decide Policy...
Wednesday, 18 September 2019 16:40 WIB

Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from lea...

Gold Prices Slip; All Eyes on Fed...
Wednesday, 18 September 2019 12:29 WIB

Gold prices slipped on Wednesday in Asia as investors await the Federal Reserve's decision on interest rates due later in the day. Gold Futures for December delivery were down 0.2% to $1,510.55 an ou...

Gold Holds Ground Near $1,500 Before Bonanza of Rate Decisions...
Wednesday, 18 September 2019 08:35 WIB

Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from lea...

Gold Notches Second Straight Gain, Adds to Climb Toward 1-Week High...
Wednesday, 18 September 2019 01:26 WIB

Gold futures on Tuesday marked a second gain in a row, extending a climb to the highest price in about a week. Traders continued to monitor developments tied to the attacks on Saudi Arabian oil-infra...

LATEST NEWS
Stocks open slightly lower ahead of Fed decision

U.S. stocks edged slightly lower at the opening bell Wednesday, as investors awaited the conclusion of a Federal Reserve policy meeting that's expected to deliver another quarter-point rate cut. The Dow Jones Industrial Average was down 88 points,...

Gold prices edge lower as traders await Fed policy decision

Gold futures on Wednesday headed lower ahead of a Federal Reserve decision that could set the near-term tone for bullion trading for the next several weeks. December gold on Comex slipped $3.20, or 0.2%, to $1,510.10 an ounce, threatening to snap...

U.S. stocks poised to edge lower ahead of crucial Fed interest-rate decision

U.S. stock-index futures Wednesday morning edged lower ahead of an eagerly anticipated Federal Reserve decision that could help guide investor sentiment, amid curious moves in financial markets and uncertainties surrounding Middle East politics and...

POPULAR NEWS
Gold Settles at a More Than a 1-Week High as Historic Oil Outage Rattles investor Nerves
Tuesday, 17 September 2019 01:34 WIB

Gold futures finished solidly higher on Monday, at their highest price in just over a week, after an attack on Saudi Arabian oil production sent oil...

Gold Notches Second Straight Gain, Adds to Climb Toward 1-Week High
Wednesday, 18 September 2019 01:26 WIB

Gold futures on Tuesday marked a second gain in a row, extending a climb to the highest price in about a week. Traders continued to monitor...

Gold Prices Jump Amid Middle East Tensions; Investors Eye Central Banks Meetings
Monday, 16 September 2019 13:17 WIB

Gold Prices jumped on Monday in Asia after a strike against two Saudi Arabian oil facilities heightened tensions in the Middle East and boosted...

Gold scores a pop from historic oil outage
Monday, 16 September 2019 20:44 WIB

Gold futures headed solidly higher on Monday after an attack on Saudi Arabian oil production sent oil prices skyrocketing and investors turning to...