DJIA0
LIVE0(0%)
NDX0
LIVE0(0%)

Gold eases from one-week high as stocks, dollar churn


Thursday, 19 April 2018 18:41 WIB

GOLDEMASPerakSILVER


c_740_198_16777215_00_images_assets_Gold2_golddown.jpg

Gold futures eased slightly Thursday from the one-week highs notched a day earlier, but the contract remained confined to the tight trading range seen over the last several sessions, as U.S. stocks drifted higher and the dollar stabilized.

June gold  fell $2.80, or 0.2%, to $1,350.70 an ounce. It settled Wednesday at $1,353.50, the highest since April 11, according to FactSet data.

Gold has been rangebound between $1,310 and $1,360 so far this year absent catalysts that, according to analysts, might include a spike in inflation or a more-aggressive Federal Reserve response with higher interest rates, factors that would be expected to lift the dollar and depress gold prices.

Early Thursday, the ICE U.S. Dollar Index was barely moved at 89.64.

As for other metals trading, silver's moves of late have been more pronounced. May silver slipped about 0.2% to $17.215 an ounce Thursday after putting on a 2.8% surge in the previous session.

Source : Marketwatch


RELATED NEWS

  • Gold futures rallied Friday, with China’s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings an...
  • Gold prices traded lower on Friday in Asia ahead of the Federal Reserve’s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. ...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.