DJIA28135.38
LIVE3.33(0.01%)
NDX8487.71
LIVE20.81(0.25%)

Gold Prices Drop After Havens Rally, Remains Above $1,500 Level


Tuesday, 17 September 2019 12:33 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_GOLDY.jpg

Gold prices dropped on Tuesday in Asia but remained above the $1,500 level.

Gold Futures fell 0.4% to $1,505.05 by 12:30 AM ET (04:30 GMT).

The yellow metal rose in the previous session following an attack on Saudi Arabian oil installations that triggered a flight to safety that benefited almost all haven assets.

Looking ahead, the U.S. Federal Open Market Committee will hold its regular meeting on Tuesday and Wednesday. The Federal Reserve is widely expected to cut rates by 25 basis-point, although stronger-than-expected retail sales and consumer sentiment data released on Friday undercut the case for more aggressive policy easing.

Fed Chairman Jerome Powell's post-decision press conference on Wednesday will be in focus.

Source : Investing.com


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.