Wednesday, 23 October 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Drops From 6-Year High as U.S. Delays Some Tariffs on China, Schedules Further Trade Talks
Wednesday, 14 August 2019 01:16 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures ended lower on Tuesday, falling sharply from their highest intraday levels in more than six years, after the U.S. announced that it would delay tariffs on some Chinese goods and scheduled further talks in an effort to resolve the trade dispute between the two nations.

Prices for the yellow metal had climbed above $1,546 in early Tuesday dealings, the highest intraday level for a most-active contract since April 2013, according to FactSet data, as investors kept an eye on protests in Hong Kong, the fallout from Argentina™s weekend primary elections and recent sharp falls in equities markets, as well as worries over the economic outlook tied to the U.S.-China trade war.

Gold for December delivery on Comex lost $3.10, or 0.2%, to settle at $1,514.10 an ounce after trading as high as $1,546.10 an ounce. Gold is up 5.2% in August, contributing to a 18% year-to-date rise, based on the most-active contract. September silver fell 8.6 cents, or 0.5%, to $16.985 an ounce.

Source : Marketwatch

RELATED NEWS
Gold Bides Time as Traders Await Clarity on Brexit...
Wednesday, 23 October 2019 08:53 WIB

Gold prices were steady on Wednesday, as investors waited for clarity on Brexit confusion after UK lawmakers voted for Prime Minister Boris Johnson's divorce plan but opposed his tight timetable to co...

Gold Holds Tight Range Ahead of Key Brexit Vote, Focus on Fed...
Wednesday, 23 October 2019 02:16 WIB

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts. Sp...

Gold hovers as traders watch Brexit, U.S.-China trade talks...
Tuesday, 22 October 2019 20:25 WIB

Gold futures struggled for direction Tuesday as investors kept an eye on developments surrounding Brexit and U.S.-China trade talks. Gold for December delivery on Comex were up $1.10, or 0.1%, at $1,...

Gold Gains As ETF Holdings Inch Closer to Record...
Tuesday, 22 October 2019 15:56 WIB

Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012. Gold ETFs expanded for a...

Gold Prices Steady as U.S.-China Trade optimism Sparks Market Cheer...
Tuesday, 22 October 2019 13:57 WIB

Gold was largely muted on Tuesday, weighed down by buoyant Asian shares that cheered progress in trade talks between the United States and China, but found support from a lack of clarity in the negoti...

LATEST NEWS
Oil Slips After U.S. Inventory Build, But Possible OPEC Cuts Support Market

Oil slipped on Wednesday after U.S. industry data showed a bigger-than-expected build in crude stockpiles, but possible deeper production cuts coming from OPEC and its allies prevented a further slide in prices. International benchmark Brent crude...

Hong Kong Stocks Open Lower

Hong Kong shares edged down in the first few minutes of Wednesday weighed by ongoing uncertainty over the long-running Brexit saga. The Hang Seng Index dipped 0.05 percent, or 14.22 points, to 26,771.98. The benchmark Shanghai Composite Index...

Gold Bides Time as Traders Await Clarity on Brexit

Gold prices were steady on Wednesday, as investors waited for clarity on Brexit confusion after UK lawmakers voted for Prime Minister Boris Johnson's divorce plan but opposed his tight timetable to complete the legislative process in three...

POPULAR NEWS
Silver Prices Finish Higher as Gold Posts Back-to-Back Declines
Tuesday, 22 October 2019 01:46 WIB

Silver futures finished higher on Monday, taking advantage of a rise in appetite for riskier assets while gold posted back-to-back declines as...

Silver prices rally 1.6% -- leaving gold in the dust
Monday, 21 October 2019 20:36 WIB

Silver futures rallied Monday, taking advantage of a rise in appetite for riskier assets while gold edged slightly higher as traders kept watch on...

Hong Kong stocks end higher (Review)
Tuesday, 22 October 2019 04:04 WIB

Hong Kong stocks ended slightly up Monday, boosted by upbeat comments by China's top negotiator on progress in trade talks with the United...

Gold Prices Inch Down Despite Brexit Worries
Monday, 21 October 2019 12:31 WIB

Gold prices inched down on Monday in Asia as traders awaited more clarity on the Brexit development. British lawmakers voted on the weekend to...