JKT : --:--
SID : --:--
TKY : --:--
HK : --:--
NY : --:--
Bahasa Indonesia English (UK)
DJIA37986.40
LIVE211.02(0.56%)
NDX17037.65
LIVE-356.67(-2.05%)
0

Gold Prices Drop Ahead of Jackson Hole Symposium

Friday, 23 August 2019 14:10 WIB

GOLDEMAS

Gold prices traded lower on Friday in Asia ahead of the Federal Reserve’s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans.

Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT).

Markets currently expect the Fed to slash rates again at its next meeting in September, but uncertainties surrounding the direction of future monetary policy increased following the release of minutes from the central bank’s latest policy meeting.

Source : Investing.com

RELATED NEWS

  • Silver Prices Tilt Closer to Monthly Lows...
    Silver held around $23 per ounce, not far from the 1-month low touched on September 14th, pressured by the Fed's hawkish pause, the potential U.S. government shutdown, and renewed concerns about indus...
  • Silver Hovers Around $23...
    Silver held around $23 per ounce, pressured by stronger dollar and higher Treasury Yields following the Fed's hawkish stance, as the regulator signaled one more hike and a slower monetary easing. Sti...
  • Silver Hits 4-Week Low...
    Silver decreased to a 4-week low of 22.6 USD/t.oz, pressured by a strength in the US dollar as signs of resilience in the US economy supported the outlook for the Federal Reserve to maintain borrowing...

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.