DJIA26281.82
LIVE11.93(0.05%)
NDX9629.66
LIVE-75.03(-0.77%)

Gold scores biggest weekly gain since 2008


Saturday, 28 March 2020 01:29 WIB

EMAS


c_740_198_16777215_00_images_assets_GOLD_Buckeye-Gold-Image-Gold-Bars.jpg

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 physical market for the precious metal.

Gold for April delivery on Comex fell $26.20, or 1.6%, to settle at $1,625 an ounce. For the week, prices for the most-active contract rose 9.5%, which marked the biggest weekly rise since September 2008, according to FactSet.

May silver dropped 14.2 cents, or 1.%, to $14.534 an ounce, for a weekly climb of more than 17% — the largest weekly rise since April 1987.

Source: Marketwatch


RELATED NEWS

  • Gold prices gained from last session’s fall on lingering political tensions and a weaker dollar, but were still near their lowest in over a week as equities were set to extend their gains on economic ...

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.