Equityworld Futures : Gold Prices Decline Ahead of Fed Interest Rate Decision US

Equityworld Futures-Gold prices fell in late trading Wednesday morning (14/12), ahead of the two-day meeting of the US Federal Reserve is expected to decide the second interest rate increase in a decade.

Fed meeting begins Tuesday, and the market has appreciated nearly 100 percent chance of a quarter percentage point hike. Higher interest rates generally depress demand for gold while strengthening US dollar.

LLG Spot gold prices fell 0.5 percent to $ 1,155.91 an ounce after touching a 10-month low on Monday.

US gold futures for February delivery ended at $ 1,159 per ounce.

Investors will look for clues about how the central bank will face inflation that might be derived from the policy of US President-elect Donald Trump and growth expectations.

Equityworld Futures : Wall Street Weekend Achieves New Record High; Dow Jones Already Records 14 Records
Spot gold prices rebounded from 10-month low of $ 1,151.34 per ounce, reached in the previous session, as US Treasury yields coming off their highs and the dollar eased ahead of the Fed meeting.

Reflecting the sentiment excited, ownership of the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.14 percent to 856.26 tonnes on Monday from Friday. Ownership fell more than 9 percent since November.

Silver was up 0.4 percent at $ 17 per ounce, after rising nearly 1.4 percent in the previous session. Platinum shed 0.7 percent to $ 924.60. White metal rose as much as 1.9 percent in the previous session. Palladium was flat at $ 722.60.

Analyst Vibiz Research Center estimates that the price of gold for the next trade will move weaker with stronger expectations of rising US interest rates this week. The gold price is expected to move in the range of $ 1,154- $ 1.152 Support, but if the price rises will move in the range of $ 1,158- $ 1.160 Resistance.


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PT Equityworld : GOLD PRICE Fed Meeting Tuesday, Precious Metals Depressed

PT Equityworld-Comex gold prices weakened in trading this morning, Monday (12/12/2016).

The price of gold fell $ 3.4 or 0.29% to US $ 1,158.5 per ounce.

Gold prices fell ahead of the US central bank meeting that was held on 13-14 December 2016.

Decision amount of the most awaited interest rate market on the closing meeting to schedule a meeting in 2016.


PT Equityworld : The Gold Price Down Low 10 Months Hindered Rising US rate hike expectations

The market expects a rate hike the Fed Funds Rate at a meeting in December 2016.

"The chance of a rate hike at the Fed meeting in December has risen to 91%," said analyst Waterfront Securities Octavianus Marbun in his weekly research.

In addition, he said, the victory of Donald Trump in the last US election, has provoked speculation implementing his campaign promise to increase spending on infrastructure that will encourage inflation and rising interest rates sooner.

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Equity world : Price of Gold in 2017 Predicted to Decline

Equity world-Predicted gold prices tend to weaken in 2017 as the global economic recovery and the policy interest rate tightening by the Federal Reserve.

In trading on Friday (9/12) at 18:52 GMT, spot gold prices fell 5.47 points, or 0.47% heading to US $ 1,165.31 per troy ounce. The rise in prices throughout the year dropped to 9.8%, after earlier reaching 28.77% on July 8, 2016.

Gold's rise driven by a weaker dollar. At the close of last week, the dollar index fell 0.27 points monitored or 0.27% toward 100.77. This figure shows an increase of 2.17% over the current year.

Barnabas Gan, an economist at Oversea-Chinese Banking Corp (OCBC) of Singapore, said the trend of the gold price in 2017 will be weaker. In the first quarter, the price will be in the position of US $ 1,175 per troy ounce, the second quarter of US $ 1,150 per troy ounce, the third quarter of US $ 1,125 per troy ounce, and $ 1,100 in the last quarter.

Equity world : PRECIOUS METALS Overshadowed Market Sentiment ECB, Precious Metals Depressed

The gold price has now declined over the last five weeks due to the election of Donald Trump as president of US economic growth increased optimism Uncle Sam and plans pengerekan Fed interest rate. It is estimated that the US central bank will raise interest rates twice in 2017.

"In the near future, interest rates are expected to rise 25 basis points next week. It will strengthen the dollar and hit gold," he said as quoted by Bloomberg, Friday (12/09/2016).

Streetwise Reports LLC in delivering research, pengerekan expectations of Fed interest rate in December led to a stronger US dollar, while gold continues to weaken. When falling below $ 1.100, the price will move at US $ 1,075 - US $ 1,080 per troy ounce.

"In the near future there are still opportunities to bounce price, but selling still dominate," he said.

Pengerekan Fed interest rate does not necessarily make the gold market was destroyed, because in two to three months the price will improve. One contributing factor is the growth of global inflation expectations reinforce the trend of negative interest rates.

According Streetwise, a negative interest rate environment makes the price of gold flourish. A number of central banks that implement negative interest rates is Japan, Switzerland, Denmark, Sweden, and Europe.

The central bank decision Negative Interest Rate Policies (NIRP) indicates the projected global economy has not been good, so the demand for haven assets such as gold will increase.


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Equityworld Futures : Gold Prices Slump Depressed Strengthening US Dollar After ECB Decision

Equityworld Futures-Gold prices retreat in late trade on Friday morning (09/12) after the US dollar rebounded triggered by the European Central Bank's decision to extend the asset purchase monthly until December although at a lower monthly rate.
LLG Spot gold prices fell 0.2 percent to $ 1,171.16 per ounce.
US gold futures for February delivery closed at $ 1,172.40 per ounce.
Gold, which is slightly firmer before the ECB statement, fell as the market focused on the central bank to extend its quantitative easing program by the end of 2017, exceeding the six-month extension is expected.
Investors were distressed by the unexpected decision of the ECB to cut the purchase of assets of 60 billion euros ($ 64 billion) a month from April next year of € 80 billion now.
The dollar index moved into positive territory following the decision of the ECB, made of gold denominated in dollars more expensive for holders of other currencies.
The euro gave up all its gains against the dollar after ECB move, falling more than 1 percent to a low of 106.22.

Equityworld Futures : Wall Street Print New Record High
Also weighing on gold was increased expectations the US Federal Reserve will raise interest rates at its policy meeting next week, due to higher US interest rates increase the opportunity cost of holding gold.
Interest rate futures traders see 97 percent chance the Fed will raise rates at its policy meeting (FOMC) next Tuesday and Wednesday, FedWatch Program CME Group show.
Owners SPDR Gold Trust, the world's largest gold-backed gold exchange-traded fund (ETF), fell 0.72 percent to 863.67 tonnes on Wednesday from the previous day. Ownership has fallen more than 8 percent since November.
Silver fell 0.8 percent to $ 16.96 per ounce after rising more than 2 percent in the previous session.
Platinum rose 0.6 percent to $ 942, while palladium fell 1.6 percent to $ 721 an ounce after touching a low $ 713.97, the weakest since Nov. 18.
Analyst Vibiz Research Center estimates that the price of gold for the next trade will move weakened by the strengthening US dollar and the strengthening of Wall Street. The gold price is expected to move in the range of $ 1,169- $ 1.167 Support, but if the price rises will move in the range of $ 1,173- $ 1.175 Resistance.


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PT Equityworld : Gold Prices Rising Ahead of ECB Meeting

PT Equityworld-Gold prices extended gains in late trade on Thursday morning (08/12), rebounding from a 10-month low this week as the US dollar weakened against the euro ahead of a meeting of the European Central Bank.

LLG spot gold price was up 0.44 percent at $ 1,173.99 per ounce. Gold stayed near 10-month lows on Monday after ending the previous session nearly flat.

US gold futures for February delivery ended at $ 1,177.50 per ounce.

PT Equityworld : Wall Street Up Over 1 Percent, Dow Jones and S & P 500 Print New Record High

In November, the precious metal posted its biggest monthly decline in more than three years. Losing streak continued into December as fears of rising US interest rates, increased interest for risk and a stronger dollar all weighed on prices at the time of waning demand from top consumer, China and India.

The European Central Bank is expected to extend its quantitative easing program when it meets on Thursday, but questions remain about whether it will scale back its monthly asset purchases and sends a signal at the end of the official end of the program.

The Fed is expected to raise interest rates at a meeting next week, a move seen as a negative for gold, due to higher US interest rates raised the opportunity cost of holding gold, and boost the US dollar.

Among other precious metals, silver was up 2.6 percent at $ 17.14 an ounce, after rising to $ 17.24, the highest since November 14th.

Palladium was down 0.7 percent at $ 731.50, while platinum was 0.7 percent higher at $ 940.80.

Analyst PT Equityworld Research Center estimates that the price of gold to move higher next trade will be limited to the weakening US dollar. However, it should be observed strengthening of Wall Street and the planned increase in US interest rates could depress prices approaching. The gold price is expected to move in the range of $ 1,176- $ 1.178 Resistance, but if the price drops will move in the range of $ 1,172- $ 1.170 Support.

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Equity World : Efforts to Turn Trends Motion, Precious Metals Analyst Call Gained Momentum Difficult

Equity world-Comex gold prices at the close of trading on Tuesday (12/06/2016) Wednesday morning still continue pelemahannya.

Comex gold February contract closed down $ 6.4 or 0.54% to US $ 1,170.1 per ounce.


After starting in 2016 as the world's hottest commodities, gold prospects dimmed sjak US election was held.

Gold prices fell to a 10-month low, after a number of investors leaving the gold investment on speculation government policies that Donald Trump would emacu the Development of US economic growth through infrastructure and tax cuts.

Equity world : GOLD PRICE DECEMBER 7 At 7:58 am, Spot Up Thin 0,021 Level Points to US $ 1,167.70
"It will be difficult to fight the momentum, the stock dropped a gold rally," said Lara Magnusen, Portfolio Manager as quoted by Bloomberg, on Wednesday (07/12/2016).

Put forward a number of analysts do not believe the equity rally will end. The more so if the increase applied in the US infrastructure spending, and low global interest rates which can be accelerated ascension to adjust for inflation.

The market also mengkahwatirkan Trump attitude with China's trade, the uncertainty of elections in Europe, risks to market stability of the Italian banking sector, and the effects of the release of the UK from the European Union.

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PT Equityworld : GOLD PRICE Referendum Defeat Renzi Italian, Precious Metals directly jump to 1,180

PT Equityworld-Comex gold prices in trading this morning, Monday (05/12/2016) jumps to the level of 1180, after the distressed securities Trump and the possibility of Fed rate hikes in December 2016.

Comex gold February contract opened higher $ 4.8 or 0.41% to US $ 1,182.6 per ounce.
Gold breached 1,180 level.

At pk. 7:27 pm, so it rose to US $ 3.2 or 0.27% to US $ 1,181 per ounce.

Gold futures rose on when there are signs of political uncertainty, following Italian referendum held on Sunday.

"There is concern what will happen with this referendum. A bit of buying at the current gold market uncertainties," said Chris Gaffney, president of EverBank World markets St Louis as quoted by Bloomberg, Monday (05/12/2016).

PT Equityworld : Gold Prices Rise Supported Weekend weakening US dollar; Weekly Still Negative

As is known Italian referendum back to surprise, after the UK opted out of the EU.

Polls show about 59% of Italians voted against the plans of Prime Minister Matteo Renzi to control the power of the Senate of Italy.

As is known referendum on Sunday (12/04/2016).

"I have lost. We gave Italy the opportunity to change, but we did not succeed," Renzi said in a televised statement, as quoted by Bloomberg, Monday (12/05/2016).

Renzi is currently 41 years old.

Reuters suggests Renzi suffered a major defeat and sent the euro lower. Previously, Renzi has said he will resign if Italy refused his plan to reduce the role of the upper house Senate.

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Equity world : GOLD PRICE DECEMBER 1 Down in Trading Yesterday, Listen Movement Early December

Equity world-Gold futures on the COMEX division of the New York Mercantile Exchange tumbled on Wednesday (Thursday morning GMT), as the US dollar surged US economic data supported stronger.

The most active gold contract for February delivery plunged 16.9 dollars, or 1.42 percent, to settle at 1173.90 dollars per ounce. The US dollar strengthened significantly due to two strong economic reports gave support to the currency. The US dollar index, which measures the dollar against a basket of major currencies, rose 0.53 percent to 101.52 at 18:00 GMT.
Illustration gold price falls - Reuters

Gold and the dollar usually move in opposite directions, which means that if the dollar will rise, gold futures fell, because gold is measured in dollars more expensive for investors. Gold was put under further pressure when a report released by Automated Data Processing (ADP) that is based in the US on Wednesday showed new jobs rose at a rate better than expected at 216,000 in November, compared with 147,000 during the previous month.

Analysts noted that the report comes ahead of a big employment report for November on Friday (2/12) and put pressure on the precious metals, pushing investors away from gold to switch to assets more favorable interest monosyllabic.



Equity world : Gold Prices Decline 1 Percent Distressed US Dollar Strength Down 8 Percent in November

A report released by the US Commerce Department on Wednesday showed the size of personal income and spending increased 0.6 percent during October, with consumer spending increased 0.3 percent. While consumer spending is in line with expectations, the increase in personal income showed an unexpected reinforcement, above consensus estimates range highs. It also put pressure on gold as investors pushed away "safe haven" of precious metals.

Silver for March delivery fell 25.8 cents, or 1.54 percent, to close at 16.482 dollars per ounce. Platinum for January delivery dropped 11.4 dollars, or 1.24 percent, to close at 909.90 dollars per ounce.


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PT Equityworld : GOLD PRICE Back Horn Markets, Precious Metals Approach 2,000 Level Again

PT Equityworld-Comex gold prices continue gains this morning, Tuesday (29/11/2016).

After yesterday rose 1.05% and terkerek to the level of 1190, on Tuesday, December Comex gold contract opened higher at US $ 2.4 or 0.20% to US $ 1,193.2 per ounce.

At pk. 6:18 pm, so Comex gold rose $ 3, or 0.25% to US $ 1,193.8 per ounce.

As we all know gold has left the 2,000 level since November 23.

Gold has even reached the lowest level in six months on 25 November 2016 at US $ 1178.4 per ounce.

Gold futures posted the largest increase in trade last four weeks, as the US dollar weakened.

The dollar index Aspad apenutupan Monday or Tuesday morning trading fell 0.33% to 101.16.

PT Equityworld : Gold Prices Rise After Retreat Dollar and US Treasury Yields

Gold has lost more than 6% this month, stressed the promise of American elected president Donald Trump to promote development that increased speculation the Federal Reserve will raise interest rates in December.

The condition is curbing demand for assets that do not deliver results, among other things gold.

"Rotation of gold as the dollar fell. Markets are also awaiting US employment data on Friday," said Jason Schenker, president of Prestige Economics LLC, as quoted Boomberg, Tuesday (11/29/2016).

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Equityworld Futures : GOLD PRICE Oh, Precious Metals Start Level Senggol late 1170

Comex gold prices weakened again, after the holiday contract trading on Thursday welcomed Thanksgiving.

In trading on Friday (25/11/2016), Comex gold December contract had gained 0.01% to US $ 1,189.4 at the opening.
Read : Equityworld Futures : Gold Prices With Strong Weak Expectations of US rate hike in December

However, due to the strengthening still thin, easily Comex gold turned lower to be down $ 3.7 or 0.31% to US $ 1,185 on the pk. 6:39 pm, and is engaged in the range of 1179.3 to 1190.4.

Comex gold prices sank to their lowest level since February 2016, amid speculation the US president-elect Donald Trump will be able to drive economic growth, and trigger the Federal Reserve to raise interest rates.

The US dollar index reached its highest level in more than a decade, as well as the US stock exchanges.

Gold investors continue to consider the consequences of Trump's plan to revitalize growth and increase spending on infrastructure.

"Everyone is predicting a rate hike in December, and affect the price of gold. The dollar remains the main sentiment," said Tom Kendall, head of precious metals strategy ICBC Standard Bank Plc as quoted by Bloomberg, Friday (25/11/2016).

Fed's November meeting notes released Thursday morning GMT, showing the central bank official confirmation push up interest rates.

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Equity world : Gold prices fall after Wall Street Achieves Record High

Equity world-Gold prices ended lower in late trading Wednesday morning (23/11) after Wall Street reached all-time highs on market expectations for higher growth and greater expenditure of US president elect Donald Trump.

LLG Spot gold prices fell 0.24 percent at $ 1,210.72 per ounce. In the previous session, the metal rose 0.4 percent, reversing three sessions of losses.

While the price of US gold futures for December ended at $ 1,211.90.

The victory in the US Presidential election 9 November initially look for directions to safe-haven assets such as gold but the trend reversed as the dollar and bond yields surged on expectations of higher US spending and interest rates.

Gold has fallen more than $ 100 per ounce from the peak of the post-election on Nov. 9 as yields on US Treasury notes rise in two weeks the most in more than five years and the dollar edged higher.

Read : Equity world : 23 November Hang Seng Index Up Assisted Strengthening Wall Street

But the dollar fell on Tuesday, supporting the gold price. The dollar index, which measures the greenback against a basket of major currencies, fell from a high of 13.5 years, fell 0.1 percent after snapping a 10-day rising streak on Monday.

US rate hike expected in December also prevent gold from rising further, traders said.

Ownership world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings fell 0.71 percent to 908.77 tonnes on Monday. Ownership has fallen 3.6 percent so far this month.

Goldman Sachs on Monday lowered his gaze gold prices three and six months to $ 1,200 per troy ounce and said downside risks remain from potential physical ETF liquidation.

Among other precious metals, silver was up 1.1 percent at $ 16.77 per ounce. Platinum was 1.2 percent higher at $ 945.35 and palladium was up 0.3 percent at $ 730.40.

Analyst Equity Research Center estimates that the price of gold at the next trade has the potential to move up with the weakening US dollar. But if the strengthening of Wall Street moves menguta global exchanges, can suppress the gold price. Prices are expected to move in the range of $ 1,213- $ 1.215 Resistance, whereas if the price drops will move in the range of $ 1,209- $ 1.207 Support.

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PT Equityworld : GOLD PRICE NOVEMBER 16 Starred In Trading Yesterday, Listen Movement Today

PT Equityworld-Samuel Sekuritas predicts Indoenesia rupiah movement in trading Wednesday (16/11/2016) will be affected by the meeting of the board of governors meeting (RDG) of Bank Indonesia.

Economist Samuel Sekuritas Indonesia Rangga Cipta said the rupiah was stable at Rp13.300 although some exchange rates in Asia have started higher on Tuesday.

Meanwhile, investor focus now switches to the announcement this afternoon RDG BI predicted RR maintain the BI rate at 4.75%. Currently BI view of external shocks that suppress rupiah will only be temporary. BI is also still active in the foreign exchange market and government securities in order to stabilize prices in the middle of the outflow of foreign funds rushing.

Read : PT Equityworld : GOLD PRICE NOVEMBER 16 Starred In Trading Yesterday, Listen Movement Today

"The rupiah depreciation is likely corrected today although generally the external pressure is maintained. The focus is also focused on the decision of his case Ahok case today," he said in a research.

Meanwhile, crude oil prices rose sharply on speculation production cuts by OPEC back up. However, on the other hand, US manufacturing data improved amid Trump Effect maintain the upward trend in the US dollar index up early this morning to stay above 100. "The easing of shock in the global market opportunity to correct the sharp weakening exchange rate of the majority of developing countries."

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PT Equityworld : GOLD PRICE Opened 3 NOVEMBER Spot Down 10.10 Points to US $ 1,298.10 Level

PT Equityworld-Gold futures on the COMEX division of the New York Mercantile Exchange ended sharply higher on Wednesday (Thursday morning GMT), ahead of the announcement of the meeting of the Federal Open Market Committee (FOMC).

The most active gold contract for December delivery jumped 20.2 dollars, or 1.57 percent, to settle at 1308.20 dollars per ounce. The precious metal found support as investors spent the trading session patiently waiting for the outcome of the Federal Open Market Committee meeting. Investors believe the Fed will raise interest rates from 0.50 to 0.75 during the December FOMC meeting.

According Fedwatch tool CME Group, the implied probability at this time to raise interest rates from 0.50 to 0.75 is at least 72 percent at a meeting in December and 73 percent at a meeting in February 2017. Traders believe that the precious metals were also higher due to uncertainty in the selection competition the US president, because they are not assured of US trade policy that will be enforced by the Republican candidate Donald Trump.




Read : PT Equityworld : Gold Prices Rise After US Fed Hold Interest Rates Remain

In the months before chances of victory Trump is not possible, and there is no demand for "safe haven" for the precious metals, but a recent poll shows growing competition tightened, triggering investors turned to precious metals as a "safe haven".

Gold was given additional support when a report released by ADP (Automated Data Processing) based in the US showed that the jobs report released on Wednesday declined sharply, far below expectations, at a rate of 147,000. Analysts noted that this report came out just a few days before the big employment report on Friday (4/11), and perhaps a preview of that report and the Fed's thinking with regard to interest rate hikes in the next few months. The US dollar index fell 0.41 percent to 97.34 at 18:15 GMT.

The index is a measure of the US dollar against a basket of major currencies. Gold and the dollar usually move in opposite directions, which means that if the US dollar goes down then gold futures will fall, because gold is measured in dollars cheaper for investors.

Silver for December delivery rose 27.5 cents, or 1.49 percent, to close at 18.693 dollars per ounce. Platinum for January delivery rose 3.9 dollars, or 0.39 percent, to close at 1,001.80 dollars per ounce.

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