DJIA27909.60
LIVE-105.46(-0.38%)
NDX8362.74
LIVE-34.63(-0.41%)

Gold Poised For Weekly Advance Amid Trade Talk Doubts


Friday, 10 May 2019 10:35 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_Things-to-know-about-gold-investment_2.jpg

Gold is set for the second weekly advance in three after the first day of crucial trade talks between the U.S. and China wrapped up ahead of the threatened imposition of higher tariffs on the Asian economic powerhouse.

Any ramp up of tariffs will deepen a conflict that has roiled financial markets and cast a shadow over the global economy. President Donald Trump insisted it was still possible to reach a deal this week, saying he had received a “beautiful letter” from Chinese President Xi Jinping and that the two leaders would probably speak by phone.

Spot gold holds gains at $1,284.30/oz at 10:44am in Singapore; +0.4% this week.

Source : Bloomberg


RELATED NEWS

  • Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war betw...

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.