DJIA21413.44
LIVE0(0.00%)
NDX7635.66
LIVE0(0.00%)

Gold Steady as Details on U.S.-China Trade Deal Emerge


Thursday, 4 April 2019 09:42 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_Gold2_emasbro.jpg

Gold was steady as investors mulled progress on U.S.-China trade negotiations, with optimism over the talks boosting American equities to a six-month high.

The trade deal being crafted would give Beijing until 2025 to meet commitments on commodity purchases and allow U.S. companies to wholly own Chinese enterprises, according to people familiar with the talks. The market will also be watching for key U.S. jobs numbers due Friday.

Investors are yanking money out of gold exchange-traded funds as hints of improving global growth and surging stocks lure them into riskier assets. The largest, the $32 billion SPDR Gold Shares fund, had lost more than $671 million in assets as of Tuesday.

Spot gold +0.1% to $1,291.18/oz at 10am in Singapore; -0.2% on Wednesday.

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.