Tuesday, 25 February 2020
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 Sags as Investors Choose Risk Again After Virus-Driven Jump...
Tuesday, 25 February 2020 15:42 WIB

Gold took a step back from its blistering rally driven by the coronavirus crisis even as more companies issued cautions about the outlook, bets accumulated on the prospects for U.S. interest...

Emas Turun Dari 7-Tahun Tertinggi Seiring Meredanya Aksi Sell-Off ...
Tuesday, 25 February 2020 10:18 WIB

Emas turun dari level tertinggi sejak 2013 karena aksi sell-off saham global mereda di Asia pada Selasa ini, sementara otoritas di seluruh dunia bergerak untuk menjaga penyebaran virus korona. Harga ...

Gold futures climb by nearly 2% to highest finish since Feb. 2013...
Tuesday, 25 February 2020 01:55 WIB

Gold futures rose nearly 2% on Monday to mark their highest finish since February 2013. Concerns surrounding COVID-19 and expectations for further monetary easing among global central banks in respons...

Gold Jumps Over 2% as Virus Spread Spurs Safe-Haven Demand...
Monday, 24 February 2020 19:17 WIB

Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic gr...

Gold Futures Surge And Bond Yields Fall In Wake Of Corona Virus Concerns...
Monday, 24 February 2020 17:50 WIB

Gold futures surged nearly $36 to $1,684.60 an ounce, as investors sought out safe havens with the coronavirus spreading beyond China. Silver also edged higher. The yield on the benchmark 10-year Tre...

LATEST NEWS
Dow Set to Rise More Than 200 Points Following Its Worst Drop in 2 Years

U.S. stock index futures were higher Tuesday morning, following the market™s worst decline in two years on coronavirus. As of 3 a.m. ET, Dow futures rose 187 points, indicating an implied open of more than 207 points. Futures on the S&P and...

USD/JPY Surrenders Modest Recovery Gains, Fails To Find Acceptance Above 111.00 Mark

The USD/JPY pair failed to preserve its early modest recovery gains and has now dropped back to the lower end of its daily trading range, around the 110.65-60 region. The pair gained some initial traction during the Asian session on Tuesday and...

Gold Sags as Investors Choose Risk Again After Virus-Driven Jump

Gold took a step back from its blistering rally driven by the coronavirus crisis even as more companies issued cautions about the outlook, bets accumulated on the prospects for U.S. interest rate cuts over 2020, and further signs of...

POPULAR NEWS
Gold futures climb by nearly 2% to highest finish since Feb. 2013
Tuesday, 25 February 2020 01:55 WIB

Gold futures rose nearly 2% on Monday to mark their highest finish since February 2013. Concerns surrounding COVID-19 and expectations for further...

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...

Gold Jumps Over 2% as Virus Spread Spurs Safe-Haven Demand
Monday, 24 February 2020 19:17 WIB

Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China...

Europe stocks sink on fears coronavirus is spreading in Italy; airlines lead losses
Tuesday, 25 February 2020 00:08 WIB

European stocks closed sharply lower Monday as investors monitored the continuing spread of the coronavirus beyond China. The pan-European Stoxx...