Cerita Emas Terkini
Ikuti petikan berikut daripada Bloomberg. Buat masa ni, saya agak bullish dgn logam berharga terutamanya emas.
Immediate-delivery gold rose $2.55, or 0.2 percent, to $1,519.57 an ounce by 8:53 a.m. in London. Gold for June delivery was 0.2 percent higher at $1,519.10 an ounce on the Comex in New York. Photographer: Adrian Moser/Bloomberg
Gold gained for a third day in London as deepening concern over Europe’s sovereign debt crisis spurred demand for the metal as a protection of wealth.
The Greek government endorsed an accelerated asset-sale plan and 6 billion euros ($8.4 billion) of budget cuts to win extra aid. Fitch Ratings yesterday lowered the outlook on Belgium’s credit rating to negative, following Standard & Poor’s May 20 announcement that Italy’s debt rating was at risk of a downgrade. Bullion climbed to a record priced in euros.
“Concerns over the ability of euro-zone peripheral nations to contain their debt continue to intensify,” James Moore, an analyst at TheBullionDesk.com in London, said in a report. “We expect further dip-buying to underpin gold.”
Bullion rose to $1,520.75 an ounce in the morning “fixing” in London, used by some mining companies to sell output, from $1,510.50 at yesterday’s afternoon fixing.
Concern about faster inflation, Europe’s debt crisis, a weakening dollar and fighting in Libya boosted gold to a record $1,577.57 on May 2. Prices are up 7.2 percent in 2011 after climbing the past 10 years, the longest run of gains in at least nine decades. The metal reached an all-time high of 1,081.87 euros an ounce today, according to data compiled by Bloomberg.
Euro Area Woes
The Standard & Poor’s GSCI Index of 24 commodities today rebounded after slumping 1.7 percent yesterday, while the dollar yesterday reached a seven-week high versus six major currencies. Goldman Sachs Group Inc. (GS), after recommending selling commodities last month, said it is turning “more bullish” on raw materials.
“Debt woes of the euro-zone nations continued to unsettle investors,” said Ong Yi Ling, a Singapore-based investment analyst with Phillip Futures Pte. “Gold defied a stronger dollar and weaker commodities to rise higher in a flight to safety.”
Gold held in exchange-traded products rose 6.8 metric tons to 2,052.36 tons yesterday, data compiled by Bloomberg show. Silver assets dropped 34.62 tons to 14,005.34 tons, the lowest level since October.
Silver for immediate delivery rose 1.8 percent to $35.7225 an ounce in London. Palladium gained 0.8 percent to $736.75 an ounce. Platinum was 0.5 percent higher at $1,762.05 an ounce.