PT. Equityworld Futures - Gold futures finished
higher Monday, breaking above $1,100 an ounce Monday, as comments from
Federal Reserve Vice Chairman Stanley Fischer suggested the U.S. central
bank may not hike interest rates in September as the market has
assumed.
Gold traders have been anticipating an interest-rate hike
for to Bloomberg TV Monday morning delivered a shot in the arm to gold
and other precious metals, including silver. Gold, which offers
investors no interest payments, could lose some of its appeal to
higher-yielding assets.
For December delivery, gold futures picked
up $10, or 0.9%, to settle at $1,104.10 an ounce, coming off its highs
of $1,108.50 of the session but still solidly higher.
In other metals, October platinum climbed $27.60, or 2.9%, to wrap up the session at $989.80 an ounce, while September palladium tacked on $9.30, or 1.6%, to end at $606.20 an ounce.
Sumber : www.ewfpro.com
