Harga emas terus mengalami penurunan tajam pada hari ini, diperdagangkan di sekitar $3.983. Pergerakan ini terjadi karena beberapa faktor utama yang mempengaruhi pasar. Salah satunya adalah penguatan dolar AS yang terus bertahan di level tinggi. Indeks Dolar AS (DXY) mendekati 99,70, didorong oleh meredanya spekulasi mengenai pemangkasan suku bunga lebih lanjut oleh The Fed. Ketua The Fed, Jerome Powell, dalam komentarnya, menegaskan bahwa penurunan suku bunga pada Desember "masih jauh dari kepastian," yang membuat dolar semakin kuat dan menekan harga emas yang dihargai dalam mata uang...
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve's (Fed) hawkish tone after delivering a widely expected 25-basis-point rate cut earlier this week. At the time of writing, EUR/USD is trading around 1.1523, extending losses for the third consecutive day and on track to post its first monthly decline in three months. Meanwhile, the US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, is hovering near...
Gold prices fell early in the Asian session after China's Ministry of Finance ended tax incentives for precious metal sales as of November 1st. This decision surprised the market, as the previous rules had helped ease the tax burden on gold transactions. Following the news, the spot gold price weakened by around 0.4% to $3,987.46 per ounce. According to ANZ Research, many investors in China were disappointed by this rule change. Now, retail investors can no longer offset value-added tax (VAT) when selling gold purchased from the Shanghai Gold Exchange. The impact could be widespread, as...