Monday, 24 February 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold prices finish higher as renewed coronavirus fears buoy haven assets
Friday, 14 February 2020 02:16 WIB | PRECIOUS METALS |GOLD

Gold futures finished higher on Thursday as refreshed worries about a viral outbreak shifted investor concerns back to the economic implications of the disease, buttressing bullion prices.

Gold for April delivery on Comex rose $7.20, or 0.5%, to settle at $1,578.80 an ounce. Prices posted a gain on Wednesday, their fifth rise in six sessions. March silver, meanwhile, added 12.2 cents, or 0.7%, at $17.619 an ounce.

Other metals on Comex settled higher, with April platinum up 0.8% at $974.70 an ounce and March palladium up 1.2% at $2,351 an ounce.

March copper rose 0.5% to $2.613 a pound.

Source: marketwatch

RELATED NEWS
Gold price rally has revived demand for call options, risk reversals show...
Monday, 24 February 2020 11:05 WIB

Gold's recent rally has bolstered bullish expectations and revived demand for call options, which gives the holder a right but not the obligation to buy the yellow metal at an agreed price on or befor...

Gold futures post a nearly 4% weekly gain...
Saturday, 22 February 2020 02:08 WIB

Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February 2013. "Gold has broken out of its historical shackles as a...

Gold Hits New 7-Year High as Virus Prompts More Upgrades...
Friday, 21 February 2020 20:18 WIB

Gold prices surged to fresh seven-year highs as portfolio investors flocked to haven assets as the coronavirus spread menacingly outside of China. The number of confirmed cases in South Korea leaped ...

Gold Pops as Virus Concerns Ignite Global Stampede Into Havens...
Friday, 21 February 2020 16:59 WIB

The stars have aligned for gold as concerns the coronavirus outbreak may damage growth, hurt risk assets and add to pressures for easier monetary policy combine to trigger a powerful global hunt for h...

Gold Rises, Set For Best Week in Over a Month as Virus Rapidly Spreads...
Friday, 21 February 2020 13:43 WIB

Gold prices hit their highest in seven years on Friday and were set to post their best week in one-and-a-half months, as demand for the safe-heaven asset was boosted by a surge in new coronavirus case...

LATEST NEWS
U.S.Stock Futures Sink on Growing Concern of Outbreak's Economic Impact

U.S. stock market futures sank Monday as the spread of coronavirus raised worries that global economic growth could take a hit. Dow Jones Industrial Average futures fell 606 points, or 2%, to 28,380, suggesting a steep drop when U.S. trading...

Dollar Regains Ground as Coronavirus Spreads Globally

The dollar regained ground against a currency basket on Monday as a surge in new cases of coronavirus globally, most notably in Italy, renewed concerns over the economic impact of the outbreak. Authorities in Italy imposed a quarantine in the...

Hong Kong Stocks Start Week With Another Sharp Drop

Hong Kong suffered more big losses Monday as investors fret that the coronavirus could become a global pandemic, with energy firms and companies linked to tourism among the worst hit. The Hang Seng Index fell 1.79 percent, or 487.93 points, to...

POPULAR NEWS
Gold futures post a nearly 4% weekly gain
Saturday, 22 February 2020 02:08 WIB

Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February...

Gold Hits New 7-Year High as Virus Prompts More Upgrades
Friday, 21 February 2020 20:18 WIB

Gold prices surged to fresh seven-year highs as portfolio investors flocked to haven assets as the coronavirus spread menacingly outside of...

Hong Kong Stocks Close Lower on Virus Worries (Review)
Saturday, 22 February 2020 04:19 WIB

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on...

Gold Pops as Virus Concerns Ignite Global Stampede Into Havens
Friday, 21 February 2020 16:59 WIB

The stars have aligned for gold as concerns the coronavirus outbreak may damage growth, hurt risk assets and add to pressures for easier monetary...