DJIA39760.08
LIVE0(0.00%)
NDX18280.84
LIVE0(0.00%)

Gold Holds Gain as Investors Weigh Partial Trade Deal


Monday, 16 December 2019 15:55 WIB

GOLDEMAS


Gold held an advance as investors weighed the partial trade deal between the U.S. and China, with investors keen for greater detail on the pact’s contents so they can better gauge the consequences for raw materials including bullion, and a clearer sense of what remains to be addressed.

Spot gold +0.1% to $1,477.75/oz at 7:20am in London; +0.4% on Friday. Bloomberg Dollar Spot Index -0.2%, near the lowest level in five months.

Bullion seesawed on Friday before ending higher after Washington and Beijing agreed to the first phase of a broader deal that will see China boost imports, including of American agricultural products.

Source : Bloomberg


RELATED NEWS

  • 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 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 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.