Sunday, 22 September 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold notches back-to-back gains to hit another 6-year peak
Friday, 19 July 2019 02:24 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures fell on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor.

August gold trading on Comex tacked on $4.80, or 0.3%, to settle at $1,428.10 an ounce, after climbing by 0.9% on Wednesday. The latest settlement was the highest for a most-active contract since May 13, 2013, FactSet data show.

September silver added 22.7 cents, or 1.4%, to end at $16.198 an ounce, representing the latest in a series of sharp gains for gold™s sister metal. Most-active contract prices finished at their highest since June 29, 2018, according to Dow Jones Market Data.

Source: Marketwatch

RELATED NEWS
Gold Futures Score First Weekly Gain in a Month...
Saturday, 21 September 2019 01:24 WIB

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announc...

Gold ticks higher, set to snap streak of weekly declines...
Friday, 20 September 2019 19:43 WIB

Gold prices inched higher Friday but gains were capped by a rise in bonds yields and stocks. However, bullion's trade over the past five sessions puts it on pace to break out of a weekly skid of three...

Gold Stands Tall Above $1,500 After Fed as Palladium Hits Record...
Friday, 20 September 2019 16:00 WIB

Gold headed for the first weekly advance in four as mounting economic headwinds and monetary easing stayed in focus after this week's mixed policy messages from the Federal Reserve. Palladium ral...

Gold Prices Rise, Recover from Losses After Fed's Decisions...
Friday, 20 September 2019 13:04 WIB

Gold prices rose on Friday in Asia, recovering from losses suffered in the previous session following the conclusion of the U.S. Federal Reserve's latest policy meeting. Gold Futures for December del...

Gold Prices Flat; Vulnerable to Near-Term Correction...
Friday, 20 September 2019 08:32 WIB

Gold prices are flat in early Asian trade as investors remain unsure on the outlook for further monetary easing by the U.S. Fed. Gold is likely to continue to resonate with investors as it provides t...

LATEST NEWS
Hong Kong Stocks Close Down

Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy. The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67. The benchmark...

Wall Street Falls as Trade Optimism Fizzles

Wall Street dropped on Friday after a Chinese agriculture delegation canceled a planned visit to Montana next week, dampening optimism about U.S.-China trade talks. The Dow Jones Industrial Average fell 160.19 points, or 0.59%, to 26,934.6, the...

U.S. Oil Prices Up 6% For The Week, Biggest Weekly Gain in 3 Months

Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities last weekend, "the market mood has shifted to...

POPULAR NEWS
Gold Marks First Loss in 4 Sessions
Friday, 20 September 2019 01:13 WIB

Gold futures settled with a loss on Thursday, their first in four sessions, a day after the Federal Reserve announced a widely expected cut in...

Hong Kong Stocks End With Fresh Losses
Friday, 20 September 2019 03:36 WIB

Hong Kong stocks fell for a fourth day in a row Thursday after the Federal Reserve cut interest rates but investors were left guessing about the...

Gold Stands Tall Above $1,500 After Fed as Palladium Hits Record
Friday, 20 September 2019 16:00 WIB

Gold headed for the first weekly advance in four as mounting economic headwinds and monetary easing stayed in focus after this week's mixed...

Gold loses ground after Fed delivers 'hawkish cut' to interest rates
Thursday, 19 September 2019 19:35 WIB

Gold was modestly lower Thursday, building on a loss seen a day earlier after the Federal Reserve delivered a widely expected interest rate cut but...