Saturday, 22 February 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold settles under $1,500, at lowest in 5 weeks
Wednesday, 11 September 2019 02:09 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures fell on Tuesday to settle under the psychologically significant $1,500-an-ounce mark, their lowest in five weeks, as a continued rebound by bond yields dulled the metal's appeal.

Gold for December delivery on Comex declined by $11.90, or 0.8%, to settle at $1,499.20 an ounce. That was the first settlement under $1,500, and lowest finish for a most-active contract, since Aug. 6, according to FactSet. Prices also logged a fourth straight session decline.

December silver edged up by 1.9 cents, or 0.1%, to $18.186 an ounce.

Concerns about the U.S.-China trade battle appear to have moved to the back burner for investors after being blamed for volatile market action in August. U.S. Treasury Secretary Steven Mnuchin on Monday told Fox Business that he views renewed discussions with Beijing as a sign of good faith.

Source : Marketwatch

RELATED 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 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...

Gold Steady Near 7-Year Peak as Persistent Virus Fears Dampen China Stimulus...
Friday, 21 February 2020 09:31 WIB

Gold prices held steady at a near seven-year high on Friday as nervous investors opted for safe haven assets amid fears about the economic damage from China™s coronavirus epidemic that eclipsed Beij...

LATEST NEWS
Hong Kong Stocks Close Lower on Virus Worries (Review)

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated. The Hang Seng Index fell 1.1 percent, or...

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones...

Minyak berjangka berakhir lebih rendah untuk sesi, tetapi naik untuk pekan ini

Minyak berjangka jatuh pada Jumat ini, tertekan oleh kemungkinan ganguan aliansi minyak antara Arab Saudi dan Rusia, karena pasar terus khawatir bahwa penyebaran COVID-19 akan memperlambat permintaan energi. Arab Saudi sedang mempertimbangkan...

POPULAR NEWS
Emas berjangka catat kenaikan beruntun sesi kelima
Thursday, 20 February 2020 01:49 WIB

Emas berjangka naik pada hari Rabu untuk sesi kelima berturut-turut, menandai penyelesaian lain pada level tertinggi sejak Maret 2013, dengan...

Gold futures mark highest settlement in 7 years
Friday, 21 February 2020 01:51 WIB

Gold futures climbed on Thursday for a sixth consecutive session to log their highest settlement since February 2013. "Coronavirus fears magnetized...

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record
Wednesday, 19 February 2020 19:55 WIB

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven...

Gold Hits Seven-Year High on Fears Virus Will Hurt Global Growth
Thursday, 20 February 2020 08:20 WIB

Gold traded near a seven-year high on concern that the coronavirus outbreak will retard global growth, coupled with speculation the Federal...