Monday, 26 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Slips Before U.S. Retail Sales Data, Fed Speeches
Tuesday, 16 July 2019 09:28 WIB | PRECIOUS METALS |GOLDEMAS

Gold retreated ahead of U.S. economic data and potential commentary on monetary policy from a slew of Federal Reserve officialsscheduled to speak this week.

Traders will be looking to U.S. retail sales due Tuesday for clues on the health of the economy, one day after China showed signs that a stabilization is emerging following the weakest pace of growth since quarterly data began in 1992.

While markets are expecting the Fed to lower interest rates at its July 30-31 meeting, the debate now is how deep they will cut and what will they do afterward.

Spot gold -0.1% to $1,412.23/oz at 9:10am in Singapore, after -0.1% on Monday.

Source : Bloomberg

RELATED NEWS
Gold prunes gains on reconciliatory trade comments, profit-booking...
Monday, 26 August 2019 16:44 WIB

Gold prices erased early gains on Monday, slipping from a six-year high touched during the session, as some of the safe-haven demand waned after the United States and China indicated a possible de-esc...

Gold Prices Gain as Escalating Trade War Sends Traders Fleeing from Equities...
Monday, 26 August 2019 12:44 WIB

Gold prices rose on Monday in Asia as investors seek safe-haven from trade war fears. Gold Futures for December delivery were up 1% at $1,552.90 on the Comex division of the New York Mercantile Excha...

Gold Touches Over Six-Year Peak as Risk-Off Appetite Stoked...
Monday, 26 August 2019 09:38 WIB

Gold prices jumped to a fresh six-year high on Monday as the announcement of new tariffs in the escalating Sino-U.S. trade war sent equity markets tumbling, and investors rushing for safe-haven assets...

Gold Futures Post a Gain For a 4th Week in a Row...
Saturday, 24 August 2019 01:21 WIB

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings ...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech...
Friday, 23 August 2019 19:19 WIB

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which could provide some insights about health of the U.S...

LATEST NEWS
Gold prunes gains on reconciliatory trade comments, profit-booking

Gold prices erased early gains on Monday, slipping from a six-year high touched during the session, as some of the safe-haven demand waned after the United States and China indicated a possible de-escalation of trade war, that also led to some...

Hong Kong Stocks Tumble On Trade Worries

Hong Kong stocks tumbled on Monday after US President Donald Trump and China ramped up their trade war with fresh tariffs, while investors were also spooked by more violent clashes between police and protesters in the city. The Hang Seng Index...

European Stocks Open Lower Amid Rising US-China Trade Tensions

European stocks opened lower on Monday as investors reacted to the latest escalation in the U.S.-China trade war. The pan-European Stoxx 600 fell about 0.5% during morning deals, with sectors and major bourses broadly in the red. U.K. markets are...

POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row
Saturday, 24 August 2019 01:21 WIB

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech
Friday, 23 August 2019 19:19 WIB

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which...

Oil prices slide 2.1% as US-China trade war escalates
Saturday, 24 August 2019 03:44 WIB

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a...

Dow sheds 130 points at the open as China says its readying $75 billion counter-tariffs on U.S. goods
Friday, 23 August 2019 20:51 WIB

The Dow average on Friday headed lower at the open along with the rest of the major indexes after a report surfaced indicating that China was ready...