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

Gold Trades in Narrow Range as ECB, Fed Meetings Loom


Thursday, 25 July 2019 12:53 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_0gold-coins.jpg

Gold is treading water ahead of upcoming key central bank policy-setting meetings. Platinum rose to the highest level in more than two months.

Spot gold -0.3% to $1,422.20/oz at 12:12pm in Singapore after +0.6% on Wednesday. Price hit $1,453.09 on Friday, highest since May 2013. Bloomberg Dollar Spot Index flat.

Bullion surged last Friday to the highest level since 2013 on expectations that the Federal Reserve would reduce interest rates next week for the first time in more than a decade, but has traded in a narrow range of about $16 an ounce this week. Later Thursday, the European Central Bank is set to signal that it is once again preparing to step in to support the euro zone.

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.