DJIA21636.78
LIVE-915.39(-4.06%)
NDX7588.37
LIVE-308.76(-3.91%)

Gold Makes Headway Above $1,500/Oz With 2020 in Focus


Thursday, 26 December 2019 10:10 WIB

GOLDEMAS Spot Emas


c_740_198_16777215_00_images_assets_GOLD_Gold-Market.jpg

Gold established a foothold above $1,500 an ounce as investors positioned for 2020, with bullion’s gains coming even as equities inched higher after the Christmas break and U.S.-China trade concerns eased. Silver rose.

President Donald Trump said Tuesday the deal with China is “done” and there will be a signing ceremony. The Asian nation’s imports of U.S. soybeans rose to the highest in 20 months in November as more cargoes cleared customs. While a number of markets are still closed for Boxing Day, the MSCI Asia Pacific Index and U.S. futures rose. Yields on 10-year Treasuries climbed to 1.91%.

Spot gold as much as +0.3% to $1,503.68/oz, highest intraday price since Nov. 5, and trades at $1,503.48 at 10:29am in Singapore. Prices +17% YTD. Bloomberg Dollar Spot Index slipped.

Source: Bloomberg


RELATED NEWS

  • 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.