DJIA27873.50
LIVE-36.10(-0.13%)
NDX8344.71
LIVE-18.03(-0.22%)

Gold Rises Amid Heightened Trade Tensions


Tuesday, 3 December 2019 17:40 WIB

GOLDEMAS


c_740_198_16777215_00_images_assets_GOLD_o-RECESSION-facebook.jpg

Gold prices tick higher in a sign of risk aversion among investors, after the U.S. threatened tariffs against France, Brazil and Argentina.

The precious metal is up 0.1% at $1,471.20 a troy ounce in the New York futures market, and silver, palladium and platinum are also higher.

Daniel Briesemann, an analyst at Commerzbank, says gold prices are also being lifted by news of surging imports in India. The country's gold imports jumped 78% from October to November, Reuters reports, citing an anonymous government official. "The fact that gold prices in India have fallen somewhat in recent months presumably contributed to the rise in imports," Briesemann says. Up ahead, gold traders will follow the NATO summit in London.

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.