Gold Heads for Weekly Advance Amid Brexit Uncertainty

Friday, 16 November 2018 15:21 WIB

GOLDEMASBullionEmas berjangka


Gold headed for the first weekly gain in three as investors sought haven assets amid uncertainty surrounding the political situation in the U.K. and the U.S.-China trade war. Palladium slipped after surging to a record on Thursday.

Bullion for immediate delivery strengthened 0.1% to $1,214.43/oz at 7:55am in London; added 0.4% this week. Bloomberg Dollar Spot Index edged 0.1% lower. The yield on 10-year Treasuries at 3.11%.

British Prime Minister Theresa May is defying demands to quit as she battles to keep control of her fractious government long enough to deliver a Brexit deal. Meanwhile, traders are gauging whether China and the U.S. can deescalate their spat before the G-20 summit later this month.

The U.S. still plans to raise tariffs on Chinese imports in January with President Donald Trump and China’s Xi Jinping likely at best to agree to a “framework” for further talks to resolve trade tensions at an upcoming meeting, Commerce Secretary Wilbur Ross said.

Federal Reserve Chairman Jerome Powell has laid out a scenario for a pause in the central bank’s interest-rate hiking campaign sometime next year by highlighting potential headwinds to the U.S. economy.

North Korean leader Kim Jong Un oversaw the test of a new “advanced tactical” weapon, according to the state-run Korean Central News Agency.

Source: Reuters


  • Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announc...



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.