DJIA29348.10
LIVE50.46(0.17%)
NDX9173.73
LIVE48.73(0.53%)

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus


Friday, 6 December 2019 10:11 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_12EmasMW-DZ597_goldba_20151119083217_ZH.jpg

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday.

President Donald Trump said that talks were “moving along well,” although a news report said that Washington and Beijing remained at odds over agricultural purchases. Investors will likely focus on any trade-related headlines in the lead up to Dec. 15, which is when the U.S. has pledged to impose tariffs on more Chinese imports if a deal isn’t struck by then.

The Labor Department’s jobs report will be watched for clues on the outlook for monetary policy after the Federal Reserve paused interest rate cuts.

Spot gold little changed at $1,476.11/oz at 10:01am in Singapore; +0.8% this week.

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.