Saturday, 04 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Prices Aim for 2 Straight Days of Gains, Rising Above $1,750
Thursday, 23 April 2020 18:51 WIB | PRECIOUS METALS |EMASGOLD

Gold futures rose on Thursday as tightening supplies for the commodity and worries about the economic impact of the COVID-19 pandemic and rising tensions in the Middle East buoyed bullion.

BofA Global Research notes that exchange-traded funds in metals have increased their holdings in silver, viewed as an industrial and precious metal, and gold, which has helped to lift both prices.

Gold for June delivery on Comex was up $17, or 1%, at $1,755.40 an ounce, after rallying 3%, to settle a the highest price for a most-active contract since April 15, according to FactSet data. May silver, meanwhile, picked up 33 cents, or 2.2%, to reach $15.67, after the white metal advanced more than 3% on Wednesday.

For the week thus far, gold is on pace for a gain of 2.5%, while silver futures are looking at a 3.4% return.

Source : Marketwatch

RELATED NEWS
Gold flat as virus fears offset gains in equities...
Friday, 3 July 2020 17:11 WIB

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.  &nbs...

Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data...
Friday, 3 July 2020 14:35 WIB

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, rever...

Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data...
Friday, 3 July 2020 08:24 WIB

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, rever...

Gold settles with a gain for the session and shorter week...
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the world provided safe-haven support for the metal. S...

Gold Prices Edge Higher as Market Awaits Labor-Market Update...
Thursday, 2 July 2020 19:04 WIB

Gold futures inched higher Thursday ahead of employment data in the U.S. that could influence trading in the precious commodity, a day after hope for a vaccine and a rally in stocks eroded appetite fo...

LATEST NEWS
Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to...

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down...

POPULAR NEWS
Gold futures end lower a day after highest finish since 2011
Thursday, 2 July 2020 01:28 WIB

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be...

Towards the end of July 2020, Prepare a Buy Option for Gold Futures
Thursday, 2 July 2020 15:00 WIB

Initial trials of the COVID-19 vaccine developed by Pfizer Inc. and BioNtech SE have shown positive results, which are safe and enable patients to...

Gold settles with a gain for the session and shorter week
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the...

Gold prices retreat to start July after the notching their highest finish since 2011
Wednesday, 1 July 2020 18:58 WIB

Gold futures were drifting lower Wednesday after topping $1,800 and marking the highest finish since in about nine years Tuesday, as uncertainty...