DJIA25886.01
LIVE306.62(1.20%)
NDX7604.11
LIVE119.22(1.59%)

Gold prices slip, head for narrow weekly drop; Surging silver futures retreat


Friday, 20 April 2018 19:41 WIB

GOLDEmas berjangkaSILVER


c_740_198_16777215_00_images_assets_GOLD_gold_down-284x300.jpg

Gold futures traded lower for a second consecutive session Friday, headed toward a weekly decline of roughly 0.4%, as a strengthening dollar and rising Treasury yields, weighed on the metals complex.

In early action, June gold was $4.50, or 0.3%, lower at $1,344.30 an ounce, threatening its first back-to-back decline since the two-session drop ended March 28. Though the commodity has mostly traded in a narrow range, the contract is now down some 1% since hitting a 2 ½-month high of $1,360 as recently as April 11.

Silver retreated Friday after starting to play catch-up to gold for much of this week. Early Friday, May silver shed 14 cents, or 0.9%, to $17.09 an ounce, pulling back from its own 2 ½-month high, hit in the previous session. The contract is headed toward a 2.5% gain for the week, though is still down 0.8% so far in 2018. Last month, gold prices gained 0.7%, while silver prices fell by roughly 0.9%.

The SPDR Gold Shares exchange-traded fund slipped 0.3% premarket, the iShares Silver Trust fell 0.8%, while the VanEck Vectors Gold Miners lost 0.5%.

Source : Marketwatch


RELATED NEWS

  • Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain. Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce...

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.