DJIA28015.06
LIVE337.27(1.22%)
NDX8397.37
LIVE88.97(1.07%)

Gold Futures Settle at Highest Since June


Thursday, 3 January 2019 03:29 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_Gold2_GOLD_12_1296132f.jpg

Gold climbed on Wednesday, with prices settling at their highest since mid-June on the first full trading day of 2019.

Losses in Asian equities and volatility in the U.S. stock market fueled some buying interest among traders, despite strength in the dollar. "2019 is already getting off to a volatile start and we expect to see the political and economic uncertainty of 2018 continue and deepen, which will support gold," said Mark O'Byrne, research director at GoldCore. "We are positive on gold in January and in 2019 as the market backdrop looks very supportive."

February gold rose $2.80, or 0.2%, to settle at $1,284.10 an ounce. That was the highest finish for a most-active futures contract since June 14, according to FactSet data.

Source : Marketwatch


RELATED NEWS

  • Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new...

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.