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Gold Steady as Investors Await Earnings, U.S. GDP Data


Tuesday, 23 April 2019 09:39 WIB

GOLDEMAS Spot Emas


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Gold held near the lowest level this year as investors await a full week of earnings news and look for further clues on the health of the U.S. economy, with first-quarter gross domestic product data due Friday.

Bullion prices have been hit by wavering haven-asset demand on expectations the U.S. and China will reach a trade deal and as U.S. stocks hold near an all-time high. Investors are also weighing the fallout from the Trump administration’s decision to scrap waivers that allow countries to purchase Iranian oil.

Spot gold +0.1% to $1,275.81/oz at 9:15am in Singapore. Metal dropped to $1,271.26 last week, lowest level since Dec.

Source : Bloomberg


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