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

Gold Prices Fall from Six-Year High as Traders Enter Wait-and-See Mode


Tuesday, 7 January 2020 13:56 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_00160212-gold_0.jpg

Gold prices fell on Tuesday in Asia, easing from the highest level in more than six years following the knee-jerk reaction toward news of escalating U.S.-Iran tensions.

Gold Futures traded 0.5% lower to $1,560.75 by 11:13 PM ET (03:13 GMT).

Gold prices have rallied more than 2% over the past two days, driven by increasing safe-haven demand amid U.S.’s standoff with Iran.

The fall in prices of the safe-haven metal today came despite reports that the U.S. has committed more troops to the Mideast and speculations that Tehran will retaliate for the U.S. airstrike that killed General Qassem Soleimani last week.

Meanwhile, global equities rebounded today, with Chinese stocks gaining almost 1% in morning trade.

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.