DJIA26770.20
LIVE-255.68(-0.95%)
NDX7868.49
LIVE-73.65(-0.93%)

Gold Set for Worst Run in Five Months as Demand Eases


Friday, 13 September 2019 16:09 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_UGANDA-GOLD.jpg

Gold is set for a third weekly drop, the worst run in five months, as investors weigh goodwill measures on trade from China and the U.S. against fresh stimulus from the European Central Bank and prospects for another U.S. rate cut next week. Palladium fell after hitting a record Thursday.

Spot gold little changed at $1,499.41/oz at 7:13am in London; -0.5% this week. Bloomberg Dollar Spot Index -0.1%.

Trump administration officials have discussed offering a limited agreement to China that would delay and even roll back some tariffs in exchange for Chinese commitments on intellectual property and agricultural purchases. On Thursday, gold jumped before paring gains as the ECB’s move to cut rates further below zero and revive bond purchases drew doubts over its effectiveness.

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.