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

Gold Faces Weekly Decline on Signs of Growth Picking Up


Friday, 22 May 2020 12:46 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_Goldba_20151120102032_ZH.jpg

Gold steadied on Friday as an escalation in U.S.-China tensions underpinned bullion's safe-haven appeal, although positive economic data and easing lockdowns in some countries set up the precious metal for a weekly drop.

Spot gold was trading at $1,727.39 per ounce by 02:48 GMT, having dropped 1.4% on Thursday. U.S. gold futures rose 0.3% to $1,726.50.

Bullion had rallied to its highest since October 2012 on Monday, but has since lost ground and is now heading for a 0.8% weekly decline.

Source : Reuters


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.