DJIA22327.48
LIVE690.70(3.19%)
NDX7889.01
LIVE300.64(3.96%)

Gold prices rise due ahead of the holiday season


Monday, 23 December 2019 11:34 WIB

GOLD


c_740_198_16777215_00_images_assets_GOLD_0Gold02_20170223114343_ZH.jpg

Gold prices rose on Monday morning in Asia as investors opted safe-haven asset ahead of Christmas and New Year holidays.

U.S. Gold Futures inched up 0.25% to $1,484.55 by 10:59 PM ET (3:59 AM GMT), recovering from the day before amid a steady dollar. The U.S. dollar index stayed mostly flat at above 97.

U.S. President Donald Trump said on Saturday that the U.S and China would “very shortly sign their so-called Phase One trade pact. Under the deal, the U.S. would agree to reduce some tariffs in exchange for a big jump in Chinese purchases of American farm products, according to Reuters. The market is waiting for further developments that would ease the month-long China-U.S. trade tensions.

Source: Investing.com


RELATED NEWS

  • Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George ...
  • Gold prices slipped on Monday in Asia after recording their biggest weekly gains since 2008. Gold futures were down by 0.1% at $1,652.50 by 9:34 PM ET (2:34 GMT), after almost reaching the $1,700 mar...
  • Gold futures settled with a loss on Friday but still scored the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the phys...

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.