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Gold Prices Little Changed; Stock Markets Recover but Trade Worries Remain


Friday, 16 August 2019 13:02 WIB

GOLDEMASEmas berjangka


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Gold prices were little changed on Friday in Asia as stock markets recovered, although trade concerns remained.

Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were near flat at $1,531.55 by 1:21 AM ET (05:21 GMT).

Stock markets recovered today, but Sino-U.S. trade concerns remained after China's threat to take countermeasures against new U.S. tariffs. Ongoing Hong Kong protests are also expected to further complicate the relationship between the U.S. and China as Beijing asked U.S. President Donald Trump to refrain from commenting on the Hong Kong problems.

Looking ahead, investors are waiting for more central-bank easing, particularly from the U.S. Federal Reserve, before committing to deeper positions in the yellow metal.

Source : Investing.com


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