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Gold Edges Lower as Improved Risk Sentiment Dents Safe-Haven Demand


Friday, 17 May 2019 10:23 WIB

GOLDEMAS


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Gold extended its losses on Friday, following its biggest one-day percentage loss in a month in the previous session on a firmer dollar and as a strong U.S. data, corporate results boosted investor appetite for riskier assets.

Spot gold was down 0.1% at $1,285.19 per ounce at 0101 GMT.

U.S. gold futures were 0.1% lower at $1,285.10 an ounce.

Gold fell 0.8% on Thursday, its biggest one-day percentage decline in a month after risk sentiment improved.

Source : Reuters


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