DJIA27349.19
LIVE177.29(0.65%)
NDX7954.56
LIVE49.44(0.63%)

Gold Bulls 'Back in Control' as Prices Extend March Above $1,400


Monday, 24 June 2019 16:09 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD3_0coins-gold-900.jpg

Gold’s bullish momentum has rolled into a new week.

Prices extended their advance above $1,400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy. This, combined with planned U.S. sanctions against Iran, as well as the coming meeting between the U.S. and China’s presidents, is creating a raft of bullish factors for the precious metal.

Spot gold climbed as much as 0.8% to $1,411.23, and traded at $1,404.92 at 7:31 a.m. in London. Prices soared 4.3% last week, the biggest gain since April 2016. A gauge of the greenback was near a three-month low.

Source : Bloomberg


RELATED NEWS

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.