Sunday, 17 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold ends higher, recoups some recent losses as bond yields slide
Wednesday, 21 August 2019 01:55 WIB | PRECIOUS METALS |GOLD

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion.

Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier.

Precious metals gained some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was down about 4.5 basis points to 1.5529% as gold futures settled Tuesday. Meanwhile, U.S. stocks traded broadly lower.

Source: Marketwatch

RELATED NEWS
Gold futures fall for the session, gain 0.4% for the week...
Saturday, 16 November 2019 02:01 WIB

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, how...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal...
Friday, 15 November 2019 21:14 WIB

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for Dece...

Gold Pares Weekly Gain After Kudlow's Comments on Deal...
Friday, 15 November 2019 09:31 WIB

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90...

Gold Tallies Back-To-Back Gains as Treasury Yields Retreat...
Friday, 15 November 2019 02:06 WIB

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investme...

Gold Claws Back Ground as Treasury Yields Retreat...
Thursday, 14 November 2019 21:02 WIB

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal. Gold for December delivery on Comex, ros...

LATEST NEWS
Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai...

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71...

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a...

POPULAR NEWS
Gold Tallies Back-To-Back Gains as Treasury Yields Retreat
Friday, 15 November 2019 02:06 WIB

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on...

Gold Pares Weekly Gain After Kudlow's Comments on Deal
Friday, 15 November 2019 09:31 WIB

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with...

Gold Claws Back Ground as Treasury Yields Retreat
Thursday, 14 November 2019 21:02 WIB

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding...

Gold futures fall for the session, gain 0.4% for the week
Saturday, 16 November 2019 02:01 WIB

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market...