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

Gold Nearly Back Where It Was Before Iran, U.S. Crisis


Friday, 10 January 2020 09:06 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_00commo15_0.jpg

Gold erased all gains made earlier this week after tensions between the U.S. and Iran eased, damping demand for haven assets.

The S&P 500 Index climbed to a fresh record Thursday amid signs that America and Iran have stepped back from the brink of war, helping revitalize risk appetite during the second half of the week. The U.S. House of Representatives voted Thursday to limit President Donald Trump’s authority to strike Iran, a mostly symbolic move.

Investors turn their focus to America’s monthly nonfarm jobs report due Friday. On Thursday, filings for U.S. unemployment benefits fell to a five-week low, adding to signs of economic strength.

Spot gold -0.1% to $1,550.99/oz at 8:36am in Singapore; -0.1% this week.

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.