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Gold edges higher ahead of Fed decision

Wednesday, 30 October 2019 20:11 WIB GOLD EMAS SILVER

Gold futures were clinging to a small gain Wednesday after data showed third-quarter gross domestic product grew at a faster-than-expected pace, while investors awaited the outcome of a Federal Reserve meeting that's expected to deliver the third interest rate cut this year. Gold for December delivery on Comex rose $2.60, or 0.2%, to trade at $1,493.30 an ounce, while December silver was up 0.9 cent, or 0.1%, at $17.84 an ounce. The yellow metal trimmed a modest gain after data showed third-quarter U.S. gross domestic product expanded at a 1.9% annual pace, slowing from 2% in the second quarter but coming in above the average forecast by economists for growth of 1.6%. The Fed concludes...

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RECENT NEWS

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Oil Prices Fall Amid Rising Crude Inventories

Wednesday, 30 October 2019 13:22 WIB Minyak WTI Brent

Oil prices fell on Wednesday in Asia after the American Petroleum Institute (API) reported that U.S. oil inventories rose last week. The API said that crude inventories rose by about 600,000 for the week ended Oct. 25. In the previous week to...

Gold Steadies Ahead of Fed Decision Wednesday

Wednesday, 30 October 2019 09:20 WIB GOLD EMAS

Spot bullion steadies as traders await the outcome of a Federal Reserve meeting on Wednesday. The central bank is projected to lower borrowing costs for a third straight meeting. In an interview on Tuesday, U.S. Treasury Secretary...

Energy

Oil prices rose on Thursday, extending gains from the previous session, as an industry report showing a fall in U.S. crude stockpiles last week added to positive comments by the U.S. Federal Reserve

Precious Metals

Gold Holds Gain as U.S.-China Trade Deal Optimism
Thursday, 14 November 2019 09:28 WIB
Emas menahan gainnya karena para investor mengkaji kekhawatiran atas kemungkinan kesepakatan perdagangan AS-China diikuti komentar dari Ketua Federal Reserve Jerome Powell mengenai kebijakan

CURRENCIES

While the US-China trade stalemate was already exerting downside pressure on the AUD/JPY pair, a surprise negative reading of Australian employment change figure drags the quote down to 74.00 by the

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