Gold Steady Near 10-Month High on Trade Talk Hopes

Thursday, 21 February 2019 13:24 WIB

GOLDEMAS Spot EmasSpot Gold


Gold rose to near a 10-month high amid renewed optimism over progress in the ongoing U.S.-China trade talks, even as minutes from the Federal Reserve's January meeting hinted at the possibility of further rate hikes.

U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.

On the technical side, gold's 14-day relative strength index rose above 70 on Thursday, indicating the metal may have been overbought.

Spot gold +0.1% to $1,340.06/oz at 12:28pm in Singapore

Prices closed -0.2% on Wednesday after touching $1,346.80, highest intraday level since April

Source : Bloomberg


  • Gold prices in Asia were down on Tuesday morning as stock markets gained. Prices of the yellow metal reached $1,645.3 overnight as investors reacted to the United States’ extension of COVID-19 restri...
  • Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George ...



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.