DJIA26486.09
LIVE22.99(0.09%)
NDX7800.58
LIVE-16.34(-0.21%)

Gold Rises as Investors Weigh U.S. Recession Odds, Fed


Monday, 25 March 2019 16:05 WIB

GOLDEMAS Spot EmasPalladiumSILVER


c_740_198_16777215_00_images_assets_GOLD3_MW-FP824_gold07_20170706203004_ZH.jpg

Gold gains as investors weigh inversion of the Treasury yield curve, seen as a warning of recession, and Donald Trump's choice of Stephen Moore as a Federal Reserve governor.

President Trump said Friday he's nominating the former campaign adviser for the post at the U.S. central bank. Moore has called December's hike a "substantial mistake," and cheered effects of tax cuts. In a Bloomberg TV interview, Moore said that he's worried more about deflation than inflation.

Spot gold as much as +0.3% at $1,317.27/oz and trades at $1,316.93 at 7:14 am in London, set for highest close since Feb. 27 following run of three weekly gains.

Other precious metals : Spot silver +0.5% at $15.4930/oz Platinum +0.5%, palladium +0.1% 

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.