DJIA25877.33
LIVE197.43(0.77%)
NDX7451.02
LIVE74.32(1.01%)

Gold Headed For Longest Monthly Losing Streak Since 2013


Friday, 31 August 2018 08:30 WIB

GOLDEMAS Spot EmasEmas berjangka


c_740_198_16777215_00_images_assets_GOLD3_0gold-coins-bag.jpg

Gold inched lower on Friday, as the dollar stayed firm on expectations of rising interest rates amid lingering Sino-U.S. trade tensions, and the yellow metal was headed for its fifth straight monthly decline.

Spot gold was down 0.1 percent at $1,198.66 an ounce at 0029 GMT. Prices were on track for fifth straight monthly decline, the metal's longest losing streak since early 2013. They are down about 2 percent so far this month.

U.S. gold futures were mostly steady at $1,204 an ounce.

The dollar index against a basket of six major currencies stood little changed at 94.709. The index had nudged up 0.1 percent overnight, posting its first gain in five days.

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.27 percent to 757.81 tonnes on Thursday from Wednesday.

Source : Reuters


RELATED NEWS

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.