DJIA21413.44
LIVE469.93(2.24%)
NDX7635.66
LIVE149.37(2.00%)

Gold Rises on Rising Business Impact of Virus Outbreak


Tuesday, 18 February 2020 17:37 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_Gold2_gold-souk110.jpg

Gold prices rose to a two-week high on Tuesday, spurred by demand for safe-havens after iPhone maker Apple Inc's revenue warning underscored the financial fallout of the coronavirus epidemic in China.

Spot gold was up 0.4% at $1,586.93 per ounce by 07:17 GMT. Earlier in the session, prices touched their highest since Feb. 3 at $1,587.40.

U.S. gold futures inched up 0.2% to $1,590.

Apple has cut revenue forecast for the March quarter on the disruption in China due to the virus and weaker demand from the Chinese market, leading to a risk-off sentiment in the market, she said.

Source : Reuters


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.