DJIA21413.44
LIVE469.93(2.24%)
NDX7635.66
LIVE149.37(2.00%)

Gold Holds Gain Amid Growth Concerns, Drop in Equities


Wednesday, 23 January 2019 09:40 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_GOLDNUGGET.jpg

Gold held an advance as investors weighed the outlook for growth after stocks in Asia followed their U.S. counterparts lower.

The global economy is stumbling but not falling over: that’s the analysis of investors, bankers and former policy makers attending the World Economic Forum in Davos, Switzerland, as they argue the expansion is weakening but not by enough to generate a recession.

Also in Davos, billionaire investor Ray Dalio chastised monetary policy makers for an “inappropriate desire” to tighten faster than the capital markets could handle, but expressed hope that they were now looking to shift more slowly.

Spot gold -0.1% to $1,283.97/oz at 9:08am in Singapore; +0.4% Tuesday.

Source : Bloomberg


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.