DJIA24065.59
LIVE155.75(0.65%)
NDX6669.64
LIVE128.60(1.97%)

Gold Futures Edge Up For The Session and The Week


Saturday, 12 January 2019 03:45 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_1107180110314-HARGA780x390.jpg

Gold settled higher on Friday to tally a modest gain of 0.3% for the week, buoyed by an overall decline in the U.S. dollar for the week.

Losses for the U.S. benchmark stock indexes Friday, as gold futures settled, also helped to boost investment demand for the precious metal. "We continue to expect the greenback to decline further over time as expectations over [Federal Reserve interest] rate hikes diminish," said Fawad Razaqzada, market analyst at Forex.com.

"What's more, we think there is a good chance equity markets will struggle this year, as companies may struggle to sustain the same levels of profitability we have seen over the years due to the recent weakness in economic conditions around the world."

February gold settled at $1,289.50 an ounce, up $2.10, or 0.2% for the session.

Source : Market Watch


RELATED NEWS

  • Harga emas sedikit berubah tetapi tetap di bawah tekanan seiring tekanan inflasi tetap sulit ditebak dalam ekonomi AS. Harga emas berada di bawah tekanan jual moderat menjelang laporan dan relatif ti...

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.