Wednesday, 01 April 2020
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Wednesday, 1 April 2020 16:27 WIB

Gold rose more than 1% on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at $1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the previous session on a strong dollar. U.S. gold futures gained 0.5% at $1,604.50. Gold is considered an attractive investment during times of political or economic uncertainty. It is highly sensitive to  interest rates, as lower rates reduce the opportunity cost of holding the non-yielding bullion. Source : Reuters

RECENT NEWS
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Gold futures pulled back Friday, but remained on track for the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the physical market. Gold for April delivery on Comex fell $33.30, or 2%, to $1.617.90 an ounce, while May silver dropped 22.6 cents, or 1.7%, to $14.45 an ounce. For the week, gold is up nearly 9%, which would mark the biggest weekly rise since December 2008, according to FactSet. A retreat by the U.S. dollar Thursday after last week's surge was also a positive for gold. A weaker dollar can be...

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Friday, 27 March 2020 18:54 WIB | Poundsterling Sterling, pound

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Oil Mixed On Stimulus Hopes And Demands Fears
Friday, 27 March 2020 18:06 WIB | Brent WTI Minyak

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Friday, 27 March 2020 12:26 WIB | Crude Oil Oil, brent oil Minyak WTI

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Dollar climbs down as panic subsides, on course for biggest loss in decade
Friday, 27 March 2020 08:19 WIB | Poundsterling Aussie Dolar AS Euro Yen

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PRECIOUS METALS
Gold Rises 1.4% on Flight to Safety Driven by Pandemic Fears
Wednesday, 1 April 2020 16:27 WIB

Gold rose more than 1% on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot...

ENERGY
Oil prices mixed, U.S. inventory build-up heightens oversupply concerns
Wednesday, 1 April 2020 09:06 WIB

Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected...

CURRENCIES
Dollar in Demand as Economic Damage Worsens
Wednesday, 1 April 2020 15:13 WIB

The dollar traded a little higher Wednesday, helped by its status as a safe haven currency as manufacturing data out of Asia pointed to a severe economic slowdown as the region tries to combat the...