DJIA28992.41
LIVE-224.83(-0.77%)
NDX9446.69
LIVE-181.14(-1.88%)

Gold Prices Slide Ahead of Comments from Fed Chair Powell


Wednesday, 6 February 2019 20:17 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_BullionGKJ4RTL6S3jpgjpg.jpg

Gold prices edged lower on Wednesday, as market players looked ahead to comments from Federal Reserve Chair Jerome Powell for further hints into the outlook for monetary policy in the months ahead.

Comex gold futures were at $1,317.15 a troy ounce by 8:00AM ET (13:00 GMT), down $2.05, or around 0.15%.

Meanwhile, spot gold was trading at $1,313.21 per ounce, down $2.08, or 0.15%.

Powell is scheduled to deliver opening remarks and answer questions on monetary policy at a town hall meeting with teachers in Washington, D.C., on Wednesday evening.

Source : Investing.com


RELATED NEWS

  • Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February 2013. "Gold has broken out of its historical shackles as a...

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.