Thursday, 23 October 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Extends Pullback on Likely Profit-Taking
Thursday, 23 October 2025 07:00 WIB | GOLD |GOLD

Gold extends pullback in early Asian session after front-month Comex gold futures fell for a second straight session overnight. Investors have been unwinding part of last week's speculative surge, Sucden Financial's Research team says in commentary.

The retreat in precious metals' prices probably reflects profit-taking and reduced safe-haven flows rather than U.S. Treasury yields' dynamics, the team says. "Still-low Treasury yields and ongoing macro uncertainty continue to offer underlying support" for precious metals, the team adds. Spot gold is 0.2% lower at $4,089.65/oz. (az)

Source: Bloomberg

RELATED NEWS
Gold Resumes Decline As Investors Book Profits Ahead Of US Inflation Data ...
Thursday, 23 October 2025 01:37 WIB

Gold prices fell on Wednesday (October 22) to a nearly two-week low, following their sharpest one-day decline in five years in the previous session, as investors booked profits ahead of key US inflati...

Gold Resumes Decline as Investors Book Profits Ahead of US Inflation Data...
Wednesday, 22 October 2025 23:28 WIB

Gold prices fell on Wednesday to a nearly two-week low, following their sharpest one-day decline in five years in the previous session, as investors booked profits ahead of key US inflation data due l...

Gold resumes corrective downside...
Wednesday, 22 October 2025 16:46 WIB

Gold resumes corrective downside Gold stalls its recovery momentum and returns to the red below $4,100 in European trading on Wednesday. The rebound in Gold faces headwinds from a renewed buying int...

Gold and Silver Stabilize After Massive Drops as Rally Cools...
Wednesday, 22 October 2025 07:13 WIB

Gold and silver steadied after their steepest selloff in years, as investors locked in profits on concern the recent surges in the precious metals had left them overvalued. Spot gold t...

Gold Weakens After Record Rally, Heads for Biggest Daily Drop Since 2020 ...
Wednesday, 22 October 2025 01:43 WIB

Gold prices were on track for their sharpest daily decline in five years on Tuesday (October 21st), as investors took profits after expectations of a US interest rate cut and continued demand for safe...

LATEST NEWS
Gold Under Pressure, Is the Record Rally Coming to an End?

Gold prices fell to around $4,080 per ounce on Thursday (October 23rd), marking a third consecutive day of decline after hitting a record high in recent weeks. This decline was triggered by market optimism about a possible trade deal between the US...

Hong Kong Markets Weaken, Technology Stocks Leading the Losses

The Hang Seng Index opened lower by 63 points, or 0.24%, to 25,718, followed by the H-Share Index, which fell 0.34%, and the Technology Index, which fell 0.67%. This decline was driven by the decline in major technology stocks such as Tencent,...

Silver Under Pressure, But Still Has Potential for a Rebound

Silver prices fell sharply after plummeting more than 7% in the last two sessions, following the decline in gold prices. Currently, silver is weakening amid market concerns that the precious metal's rally has accelerated too quickly. Investors are...

POPULAR NEWS
Bessent, Chinese vice premier to meet to try to defuse US tariff hike
Monday, 20 October 2025 15:21 WIB

U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice Premier He Lifeng in Malaysia to try to...

US Government Shutdown Likely To End This Week, White House Adviser Hassett Says
Monday, 20 October 2025 23:26 WIB

The 20-day US federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday. "I think the...

The Fed This Week, Awaiting Data, Ready to Make a Decision
Wednesday, 22 October 2025 17:59 WIB

The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but...

Trump Seeks ‘Fair Trade Deal' with Xi, Plays Down Taiwan Dispute
Tuesday, 21 October 2025 07:19 WIB

U.S. President Donald Trump said Monday he expects to reach a "fair trade deal" with Chinese President Xi Jinping and downplayed fears of conflict...