Gold Heads for Weekly Loss as SPDR Assets Extend Drop, Oil Slips

Gold headed for a weekly decline as investors assessed the timing of higher U.S. borrowing costs amid slumping energy prices, with assets in the SPDR Gold Trust posting the longest period of decline since May 2013. Bullion for immediate delivery fell as much as 0.4 percent to $1,157.94 an ounce, and traded at $1,160.41 at 8:48 a.m. in Singapore, down 1.5 percent this week, according to Bloomberg generic pricing. Holdings in the SPDR, the...

WTI Menuju Penurunan Terlama Sejak 1986 Ditengah Lonjakan Pasokan

Minyak mentah WTI (West Texas Intermediate) menuju penurunan mingguan terlama dalam hampir 3 dekade terakhir ditengah spekulasi bahwa OPEC akan menahan diri dari pengurangan produksi guna meredam kekhawatiran bahwa pasokan melebihi dari permintaan. Kontrak berjangka stagnan di New York, menuju penurunan mingguan ke-7, penurunan terlama secara berturut-turut sejak Maret 1986 lalu. Penurunan harga mencerminkan munculnya kesepakatan bahwa...

WTI Heads for Longest Losing Streak Since 1986 Amid Supply Glut

West Texas Intermediate headed for the longest run of weekly declines in almost three decades amid speculation OPEC will refrain from reducing production to ease concern that supply is outpacing demand. Futures were little changed in New York, heading for a seventh weekly drop, the longest losing streak since March 1986. Slumping prices reflect a growing consensus that the Organization of Petroleum Exporting Countries will maintain output,...

Dolar Jatuh Terkait Spekulasi The Fed Akan Jaga Suku Bunga Akibat Harga Minyak

Dolar melemah terhadap euro terkait spekulasi penurunan harga minyak mentah akan mengurangi tekanan inflasi di AS, memberikan waktu bagi Federal Reserve untuk menunda kenaikan tingkat suku bunga. Minyak mentah turun ke level terendahnya dalam empat tahun terakhir jelang rilis laporan penjualan ritel AS besok yang diperkirakan akan menunjukkan peningkatan kecil. Presiden Fed Bank of New York William C. Dudley mengatakan menaikkan suku bunga...

Dollar Falls on Bets Oil Slide Gives Fed Room to Keep Rates Low

The dollar weakened versus the euro on speculation falling crude oil prices will ease inflationary pressure in the U.S., giving the Federal Reserve time to wait before raising interest rates. Crude oil declined to a four-year low before a U.S. retail sales report tomorrow forecast to show a small increase. Fed Bank of New York President William C. Dudley said raising interest rates too early poses a bigger risk to the economy than acting...