PT. Equityworld Futures - Gold futures rebounded
from an 11-week low as the dollar’s decline boosted the appeal of the
precious metal as an alternative investment.
The greenback fell as
much as 0.9 percent against a basket of 10 counterparts after a French
official said President Barack Obama told delegates at a summit of the
Group of Seven that the strong dollar posed a problem. Obama said he
didn’t express concerns that the currency’s strength was an issue.
Platinum futures also climbed.
Gold futures for August delivery
climbed 0.5 percent to settle at $1,173.60 an ounce at 1:39 p.m. on the
Comex in New York. On June 5, the price touched $1,162.10.
Platinum
futures for July delivery rose 0.8 percent to $1,101.20 an ounce on the
New York Mercantile Exchange. Aggregate trading was 25 percent above
the 100-day average, according to data compiled by Bloomberg.
Palladium
futures for September delivery declined 1 percent to $743.75 an ounce
on the Nymex. The price dropped for the seventh straight session, the
longest slump since Feb. 4, 2014.
Silver futures for July delivery
fell 0.2 percent to $15.959 an ounce on the Comex. The metal dropped
for the fourth straight session, the longest slump since March 11.
Sumber : ewfpro.com