Friday, 24 January 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Prices Drop as Trade Tension Eases Following Tariff Delay
Wednesday, 14 August 2019 13:06 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices dropped on Wednesday in Asia as the U.S.'s decision to delay imposing tariffs on certain Chinese goods eased tension between the two sides and dented demand for the safe-haven metal.

Gold futures for December delivery traded on the Comex division of the New York Mercantile Exchange fell 0.4% to $1,507.95.

The United States Trade Representative announced overnight that certain products including clothing and cellphones have been removed from the tariff list based on "health, safety, national security and other factors and will not face additional tariffs of 10%.

Other tariffs will be delayed to Dec. 15 from Sep. 1 for certain goods, it said.

Source : Investing.com

RELATED NEWS
Gold futures finish at their highest in more than 2 weeks...
Friday, 24 January 2020 01:53 WIB

Gold futures settled at a more than two-week high on Thursday, as worries surrounding the spread of the coronavirus led to weakness in the U.S. stock market and a fall in bond yields, lifting the have...

Gold Dips on Profit-Taking, Rate Expectations Cap Losses...
Thursday, 23 January 2020 19:30 WIB

Gold eased on Thursday as investors booked profits from recent rallies but held above the $1,550 technical support level on continuing low interest rates and a drop in risk appetite. Spot gold was do...

Gold Gains as Virus Concerns Weigh on Risk Appetite...
Thursday, 23 January 2020 10:08 WIB

Gold advanced as risk aversion returned to markets amid ongoing efforts to control the widening coronavirus outbreak. Chinese officials halted travel from a city of 11 million as they ...

Gold finishes lower as worries over China virus ebb...
Thursday, 23 January 2020 02:03 WIB

Gold futures ended with a modest loss on Wednesday, lacking support as some equities markets in Asia and the U.S. climbed and while commodities traders weighed the potential economic impact of an outb...

Gold Holds Steady On Central Bank Policy Expectations...
Wednesday, 22 January 2020 21:13 WIB

Gold prices were little changed on Wednesday as technical support on expected dovish monetary policy from central banks offset revived appetite for riskier assets and an upbeat dollar. Spot gold was ...

LATEST NEWS
Trump Administration Releases Rule Restricting 'Birth Tourism'

As the Trump administration adds another hurdle to visitors coming to the U.S. from abroad, the limits of the law may restrict officials from stopping pregnant woman from obtaining visas. The new visa rules published on Thursday by the U.S....

Japan stocks erase gains as China virus fears offset tech earnings hopes

Japanese shares gave up early gains on Friday to trade little changed as fears over a rising death toll from the new coronavirus in China outweighed hopes of an improvement in earnings of technology companies. By 0159 GMT, the Nikkei index edged...

Oil steadies, but concern over spreading China virus weighs

Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so far dents travel and darkens the economic...

POPULAR NEWS
Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal
Wednesday, 22 January 2020 01:56 WIB

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for...

Gold finishes lower as worries over China virus ebb
Thursday, 23 January 2020 02:03 WIB

Gold futures ended with a modest loss on Wednesday, lacking support as some equities markets in Asia and the U.S. climbed and while commodities...

Gold futures finish at their highest in more than 2 weeks
Friday, 24 January 2020 01:53 WIB

Gold futures settled at a more than two-week high on Thursday, as worries surrounding the spread of the coronavirus led to weakness in the U.S....

Gold Holds Steady On Central Bank Policy Expectations
Wednesday, 22 January 2020 21:13 WIB

Gold prices were little changed on Wednesday as technical support on expected dovish monetary policy from central banks offset revived appetite for...