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Gold slips as equities gain on robust U.S. data


Friday, 22 March 2019 09:03 WIB

GOLDEMAS Spot Emas


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Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for a third straight weekly gain.

Spot gold was down 0.1 percent at $1,308.26 per ounce as of 01:19 GMT, after touching its highest since Feb. 28 at $1,320.22 in the previous session. U.S. gold futures were flat at $1,307.50 an ounce.

U.S. data showed jobless benefit applications fell more than expected while mid-Atlantic factory activity rebounded.

Source : Reuters


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