Emas Hentikan Gain Lima Harinya Jelang Risalah The Fed

PT. Equityworld Futures - Kilau emas memudar pasca gain lima harinya jelang rilis risalah terbaru dari pertemuan The Fed seiring para investor mengkaji data ekonomi AS guna petunjuk mengenai kapan waktu kenaikan suku bunga. Sementara perak jatuh untuk pertama kalinya dalam enam hari terakhir.

Bullion untuk pengiriman segera turun 0,4% menjadi $ 1,221.18 per ons pada 9:57 pagi di Singapura, menurut harga Bloomberg. Harga naik ke level $ 1,232.44 pada hari Senin, level tertinggi sejak 17 Februari. Emas di Shanghai turun untuk pertama kalinya dalam lima hari terakhir.

Emas untuk pengiriman Juni turun 0,5% menjadi $ 1.221 per ons di Comex. Bullion kemurnian 99,99 persen turun 0,3% menjadi 244,60 yuan per gram ($ 1,226.13 per ons) pada Shanghai Gold Exchange.

Perak untuk pengiriman segera turun 1,3% menjadi $ 17,4872 per ons setelah naik ke level $ 17,7815 pada hari Senin, level tertinggi sejak Januari 29. Kepemilikan emas ETF melemah pada hari Senin ke level terendah sejak Januari tahun lalu.

Platinum turun 0,8% menjadi $ 1,167.50 per ons menghentikan reli lima harinya, yang terpanjang sejak Juni 2014. Palladium turun 0,2% menjadi $ 785,42 per ons.(yds)

Sumber : ewfpro.com

Gold Settles Higher, Then Tops $1,210 After Fed Minutes

PT. Equityworld Futures - Gold futures settled higher on Wednesday, then moved up in electronic trading to top $1,210 an ounce after minutes from the Federal Reserve Open Market Committee’s April meeting showed that only a few officials expect an interest-rate hike in June.

Gold for June delivery GCM5, was at $1,211.10 an ounce in electronic trading on Globex after the minutes, after settling at $1,208.70 an ounce, up $2, or 0.2%, on Comex.

The April minutes of the policy-setting FOMC were released shortly after the close of regular metals trading on Comex. Only a “few” Fed officials thought economic data would improve enough to trigger a rate hike at the next meeting in June.

Higher interest rates can support the dollar, which can be bearish for dollar-denominated gold.

Gold on Monday rose to its highest level in more than three months, but gave back some of those gains to finish Tuesday at its lowest level in a week. The yellow metal has been stuck in trading range between resistance at $1,225 an ounce and support at $1,180.

Sumber : ewfpro.com

Gold Fell Most This Month as Housing Data Boosts Rate Concerns

PT. Equityworld Futures - Gold fell the most since April on speculation that an improving U.S. housing market will boost the case for the Federal Reserve to raise U.S. interest rates.

U.S. housing starts jumped to a seven-year high last month, government data showed Tuesday. The rise extended gains in the dollar, curbing bullion’s appeal as an alternative asset, after the European Central Bank said it will speed up bond buying. Gold has posted three straight monthly losses as the outlook for higher borrowing costs prompts investors to favor assets with better yield prospects, such as equities.

The metal dropped from a three-month high, with the rebound in housing signaling the economy may be strong enough for the Fed to start tightening this year. Minutes from the central bank’s latest meeting will be released Wednesday. Holdings in exchange-traded products backed by gold fell to the lowest since mid-January, data compiled by Bloomberg showed.

Gold futures for June delivery fell 1.7 percent to settle at $1,206.70 an ounce at 1:43 p.m. on the Comex in New York, the biggest drop for a most-active contract since April 30. On Monday, the precious metal climbed to $1,232, the highest since Feb. 17.

Sumber : ewfpro.com

Oil Trims Record Rally on Speculation $60 Crude to Sustain Glut

PT. Equityworld Futures - Oil pared its ninth weekly advance, the longest rally on record, amid speculation a rebound in prices to near $60 a barrel will sustain a market glut.

Futures slid as much as 0.5 percent in New York. Oil supply from OPEC and U.S. shale drillers is set to expand later this year, preventing further price increases, hedge fund manager Pierre Andurand said. Crude stockpiles in the U.S. are more than 100 million barrels above the five-year average for this time of the year and near the highest level since 1930, government data show.

Oil has rebounded from a six-year low in March amid signs U.S. output is slowing as drillers reduce the number of active rigs to the fewest since 2010. Oil prices are set to slide as their rally to the highest level this year threatens to prolong the global glut, according to Goldman Sachs Group Inc.

West Texas Intermediate for June delivery fell as much as 27 cents to $59.61 a barrel in electronic trading on the New York Mercantile Exchange, and was at $59.63 at 9:55 a.m. Seoul time. The contract fell 62 cents to $59.88 Thursday. Prices are up 0.5 percent this week and have climbed 12 percent in 2015.

Brent for July settlement was 13 cents lower at $66.57 a barrel on the London-based ICE Futures Europe exchange. The June contract expired on Thursday after dropping 22 cents, or 0.3 percent, to $66.59. Front-month prices are up 1.8 percent this week.


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