DJIA25409.36
LIVE-351.82(-1.37%)
NDX8461.83
LIVE25.16(0.30%)

Gold Rebounds as Trade Dispute in Focus, Stocks Drop


Monday, 11 November 2019 16:03 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_Gold2_11-21-2013-4-16-03-AM-7727868.jpg

Gold advanced after its biggest weekly drop in three years as investors parsed the latest developments in the U.S.-China trade conflict.

Spot gold +0.4% to $1,464.46/oz by 7:29am in London. Prices -3.7% last week. Bloomberg Dollar Spot Index steady after weekly gain.

President Donald Trump said Saturday talks with China are moving along “very nicely” and Beijing wants a deal “much more than I do.” His comments came after markets were whipsawed by contradictory headlines about progress toward an interim deal.

Data over the weekend showed Chinese factories are again threatening to drag down prices around the world as the cost of their goods declined by the most since 2016. Investors are also watching Alibaba’s Singles’ Day to gaugeconsumer health in China.

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.