Gold Price Rises, Attempts to Resume its Bullish Rally as Investors Watch for Key Economic Reports

Thursday, 26 March 2020 19:38 WIB



Gold prices attempted to snap a two-day skid Thursday morning, as investors watch for economic reports that could help provide insights about the impact of the coronavirus outbreak in the world's largest economy, the U.S.

Investors were keying on a report on jobless claims due at 8:30 a.m. Eastern Time, which may show their highest weekly rise on record, reflecting a swath of business closures and the cessation of normal personal activities as the federal and local governments attempt to curb the spread of the deadly illness.

Gold for April delivery on Comex was up $8.90, or 0.5%, to reach $1,642.30 an ounce after the precious commodity shed 1.7% on Wednesday. Among other metals Wednesday, May silver fell 9 cents, or 0.6%, to reach $14.755 an ounce, after rising 4.3% a day ago.

Source : Marketwatch


  • Gold slipped Tuesday as the dollar advanced, but remains trapped in this month’s narrow trading range near its highest since 2012. While a slew of economic reports since last week added to risk-...



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.