Thursday, 21 June 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold at 4 1/2-month lows as dollar, bitcoin, stocks head higher
Thursday, 7 December 2017 20:37 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures resumed their sharp drop Thursday after the previous session™s brief respite, plumbing 4 1/2-month lows as the dollar firmed, bitcoin surged and the S&P 500 tried to snap a four-day slide.

February gold fell $9.70, or 0.8%, to $1,256.60 an ounce. A close at these levels would mark the lowest since late July as gold was down nearly 2% for the week. The SPDR Gold Trust ETF fell by 0.8% premarket. The VanEck Vectors Gold Miners ETF was down 1.3%.

The ICE U.S. Dollar index was up 0.3%, adding to its 0.7% gain so far this month after ending November roughly 1.6% lower. Stocks remained focused on Washington developments and select earnings. The yellow metal often moves inversely to the dollar and riskier assets including stocks.

Source: Marketwatch

RELATED NEWS
Gold logs a fresh 2018 low as metal extends downturn...
Thursday, 21 June 2018 01:06 WIB

Emas berjangka menetap lebih rendah pada hari Rabu dan menandai titik nadir baru untuk 2018 karena penguatan dolar mengikis selera untuk logam kuning. Emas Agustus melemah sebesar $ 4,10, atau 0,3%, ...

Gold Lingers Near 6-Month Lows As U.S. Existing Home Sales Disappoint...
Wednesday, 20 June 2018 21:19 WIB

Harga emas terus diperdagangkan lebih rendah pada hari setelah konsumen AS membeli lebih sedikit rumah yang sudah ada pada bulan Mei, menurut laporan terbaru dari National Association of Realtors (NAR...

Gold Flirts With Year's Low; Platinum Extends Decline...
Wednesday, 20 June 2018 17:09 WIB

Emas diperdagangkan mendekati level terendah sejak Desember seiring dolar mempertahankan gain dan pedagang menimbang ketegangan perdagangan antara AS dan China. Platinum jatuh ke level terendah 2 tahu...

Emas Tertahan Di Dekat 6-Bulan Terendah seiring Anjloknya Platinum...
Wednesday, 20 June 2018 12:35 WIB

Perdagangan emas mendekati level terendah dalam enam bulan karena dolar mendekati level tertinggi dalam hampir setahun di tengah meningkatnya ketegangan perdagangan antara AS dan China. Platinum melun...

Gold Holds at Six-Month Low, Platinum Slumps on Dollar...
Wednesday, 20 June 2018 09:32 WIB

Emas bertahan di dekat terendah enam bulan terkait perdagangan dolar mendekati level tertinggi hampir setahun di tengah meningkatnya ketegangan perdagangan antara AS dan China. Platinum menurun ke lev...

POPULAR NEWS
Wall. St., Main St. See Higher Gold Prices

Wall Street and Main Street both look for gold...

Gold Notches Modest Bounce From Lowest Close of 2018

Gold futures notched a modest gain on Monday,...

Gold gets no traction from haven demand, pinned near 2018 lows

Gold futures fell early Tuesday as potential...

LATEST NEWS
Gold logs a fresh 2018 low as metal extends downturn

Gold futures settled lower on Wednesday and marked a fresh nadir for 2018 as overall strength in dollar eroded appetite for the precious yellow metal. August gold retreated by $4.10, or 0.3%, to settle at $1,274.50 an ounce. That was the lowest...

Dow threatens 7-day losing streak; tech rally sends Nasdaq to a record

U.S. equity benchmarks mostly rose in afternoon trading on Wednesday, though the Dow threatened to extend its recent losing streak to a seventh straight session, while gains in technology stocks helped to lift the broader market. The Dow Jones...

European Stocks Stage Recovery, But U.S.-China Trade Tensions Remain

European stocks on Wednesday bounced off a nearly three-week low, staging a recovery as traders came to terms with the further deterioration in the trade relationship between the U.S. and China that sent equities world-wide tumbling in the prior...