Gold prices rallied Thursday to settle at their highest level since early August, as investors took refuge in the precious metal from a slump in U.S. and global stock markets. "Gold and silver, the traditional havens in times of volatility, are again displaying their lack of correlation and frequent inverse correlation with risk assets," said Mark O'Byrne, research director at GoldCore.
"The precious metals' hedging benefits to investors' portfolios are being seen as they again benefit from a safe haven bid exactly when investors need it," he said. December gold rose $34.20, or 2.9%, to settle at $1,227.60 an ounce. That was the highest finish since Aug. 1 for a most-active contract, according to FactSet data.
Source : Marketwatch
Harga emas melonjak ke level tertinggi dalam lebih dari lima tahun pada hari Kamis setelah Federal Reserve AS mengisyaratkan kemungkinan penurunan suku bunga pada awal bulan depan, menekan imbal hasil...
Emas melonjak ke level tertinggi dalam lebih dari lima tahun terakhir setelah Federal Reserve AS mengindikasikan kesiapan untuk memangkas suku bunga dan penurunan dolar. Emas memiliki awal yang buruk...
Harga emas melonjak pada hari Kamis di Asia setelah Federal Reserve AS tetap menjaga kemungkinan untuk penurunan suku bunga akhir tahun ini. Emas berjangka untuk pengiriman Agustus, diperdagangkan di...
Emas melonjak ke level tertinggi dalam lebih dari lima tahun setelah Federal Reserve AS mengindikasikan kesiapan untuk memangkas suku bunga. Bullion untuk pengiriman cepat melonjak sebanyak 2,5% menj...
Emas berjangka berakhir dengan penurunan moderat pada hari Rabu, kembali mereda pasca berakhir di level tertinggi dalam 14 bulan sehari sebelumnya. Harga untuk logam mulia kemudian naik dalam perdagan...
Stocks gave back most of their gains on Thursday after the S&P 500 reached a record earlier in the day. The S&P 500 rose as much as 1% to reach an all-time high of 2,956.20. Around 12:15 p.m. ET, the broad index traded up just 0.3%. The...
Turkish President Tayyip Erdogan said on Thursday he did not expect the United States to impose sanctions on Turkey over its planned purchase of a Russian missile defense system, but would retaliate if it did. Speaking at a rare news conference...
European markets finished higher Thursday as investors reacted to interest rate decisions from the Bank of England and the Federal Reserve. The pan-European Stoxx 600 closed up 0.5% at 386.16 , having hit its highest since May 6 earlier in the...
Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal...
Gold futures climbed Tuesday to settle at their highest in 14 months, as comments from European Central Bank President Mario Draghi set the stage...
Gold futures finished with a modest loss on Wednesday, easing back after settling a day earlier at their highest in 14 months. Prices for the...
With markets on hold ahead of the Federal Reserve™s policy decision, gold prices dropped on Wednesday on further signs of easing tension in the...