Gold Takes Aim at $1,300 as Fed Minutes Punish Dollar

Thursday, 10 January 2019 09:19 WIB

GOLDEMASEmas berjangkaSpot Gold


Gold held an advance near $1,300 an ounce after the minutes from the last Federal Reserve meeting in December revealed policy makers took a more cautious approach to further rate increases, hurting the dollar.

Spot gold steady at $1,293.19/oz at 9:50am in Singapore, after gained 0.6% Wednesday: Bloomberg generic pricing.

Last week, bullion for immediate delivery rose to as much as $1,298.60/oz, while futures briefly topped $1,300.

Bloomberg Dollar Spot Index little changed after lost 0.7% Wednesday to lowest since Sept. 26.

Investors are also monitoring developments after U.S.-China trade talks. The Trump administration is pushing for a way to make sure Beijing delivers on its commitments in any deal the two nations reach to defuse a trade war that has roiled financial markets and hurt the outlook for global growth.

Adding to political concerns, President Donald Trump stormed out of a meeting with congressional leaders Wednesday as talks to end a nearly three-week government shutdown collapsed, with the two sides far apart on finding a solution to a dispute on border wall funding.

Source: Bloomberg


  • Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain. Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce...



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.