Tuesday, 19 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Pulls Back, Suffer a 3-Session Skid
Tuesday, 10 September 2019 03:32 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures settled lower Monday, giving back earlier gains to extend their losses to a third session in a row, as a rise in U.S. Treasury yields weighed on the precious metal™s haven appeal, ahead of key central bank meetings this week and next.

The gold market saw œa little bit of profit-taking and consolidating around $1,500, said Jeff Wright, executive vice president of GoldMining Inc. He said no asset considered a haven performed well in Monday trade.

The market™s awaiting news from the European Central Bank, which meets Thursday, as well as from the Federal Reserve, which meets next week, he added.

December gold fell by $4.40, or 0.3%, to settle at $1,511.10 an ounce after trading as high as $1,523.80. The most-active contract fell about 0.9% last week, according to FactSet data.

Some commodity experts remain bullish and point to gold™s trade above the $1,500-an-ounce mark as the demarcation line between bullish and bearish momentum in the commodity.

Source : Market Watch

RELATED NEWS
Gold Holds Gain on Trade Doubts, Powell-Trump Meeting...
Tuesday, 19 November 2019 09:27 WIB

Gold held an advance as investors continued to await signs of progress in U.S.-China trade negotiations amid lingering doubts that a first-phase deal will be pushed through to a successful conclu...

Gold Edges Up On Chinese Worry Over Trump Impeachment...
Tuesday, 19 November 2019 03:44 WIB

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing™s anxiety over President Donald Trump™s impeachment proceedings pricked the prospective U.S.-China trade bu...

Gold prices dip on optimism over US-China trade deal...
Monday, 18 November 2019 18:48 WIB

Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of œconstructive talks over the weekend, while losses were capped by a softer dollar. Spot gold w...

Gold Slides as ETF Holdings Drop, Trade Talks Progress...
Monday, 18 November 2019 16:00 WIB

Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. Sp...

Gold Steady With Trade Developments, ETFs in Focus...
Monday, 18 November 2019 09:36 WIB

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded ...

LATEST NEWS
North Korea Says It Doesn't Want to Talk to US

North Korea said Monday that while it views the U.S. decision to postpone joint military drills with South Korea as "positive," the adoption of a U.N. resolution criticizing the North's human rights record has soured its desire to have...

Tokyo shares retreat as firmer yen weighs on exporters

Japan's stock benchmark Nikkei edged down on Tuesday as investors await clarity on the progress of U.S-China trade negotiations, with exporters pressured by a firmer yen against the dollar. The Nikkei share average dropped 0.2% to 23,361.35 in...

Gold Holds Gain on Trade Doubts, Powell-Trump Meeting

Gold held an advance as investors continued to await signs of progress in U.S.-China trade negotiations amid lingering doubts that a first-phase deal will be pushed through to a successful conclusion. Bullion rose on Monday as traders weighed...

POPULAR NEWS
Gold Edges Up On Chinese Worry Over Trump Impeachment
Tuesday, 19 November 2019 03:44 WIB

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing™s anxiety over President Donald Trump™s impeachment...

Gold Slides as ETF Holdings Drop, Trade Talks Progress
Monday, 18 November 2019 16:00 WIB

Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in...

Gold Steady With Trade Developments, ETFs in Focus
Monday, 18 November 2019 09:36 WIB

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a...

Japan Stocks Rise as Investors Eye Progress in Trade Talks
Monday, 18 November 2019 10:19 WIB

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication...