Solid Gold ~ Emas Turun Ke 2-Minggu Terendah

emas 2Solid Gold ~ Emas berjangka turun ke level terendah dalam hampir dua minggu dan saham pertambangan bullion merosot karena investor menyukai aset berisiko atas ekspektasi bahwa Emmanuel Macron akan menjadi presiden Prancis berikutnya.

Logam tergelincir sebanyak 1,8 persen di New York dan Indeks penambang emas Bloomberg Intelligence merosot sebanyak 2,7 persen setelah Macron yang pro-pertumbuhan dan nasionalis Marine Le Pen memenangkan pemungutan suara putaran pertama pada hari Minggu. Le Pen, yang ingin membawa Prancis keluar dari Eropa dan memotong imigrasi, telah membuntuti Macron di hampir setiap jajak pendapat. Putaran kedua akan berlangsung pada 7 Mei mendatang.

Dengan putaran kedua, menghindari skenario kontes antara Le Pen dan Jean-Luc Melenchon, meluasnya bantuan di pasar mendorong saham Eropa dan euro menguat, dan memotong keuntungan emas tahun ini menjadi 10 persen. Hedge fund baru-baru ini menaikkan taruhan emas bullish dan investor membeli bullion melalui ETF di tengah permintaan untuk haven serta kekhawatiran atas Korea Utara.

Emas berjangka untuk pengiriman Juni turun 1,3 persen menjadi $ 1,272 per ons pada pukul 09:51 pagi di Comex New York, setelah menyentuh $ 1.266, level terendah sejak 11 April. Harga memangkas kerugian setelah data dari Federal Reserve Chicago yang menunjukkan aktivitas ekonomi AS turun di bulan Maret.

Dengan terlihatnya kemenangan Macron sebagai hasil yang paling mungkin dari pemilihan Prancis, investor akan mengalihkan perhatian mereka ke prospek suku bunga AS, Dahdah mengatakan. Sementara pejabat Federal Reserve dijadwalkan bertemu pada minggu pertama bulan Mei, sebagian besar pedagang tidak memperkirakan kenaikan suku bunga sampai setidaknya pada bulan Juni.

Penurunan emas juga menyeret saham bullion mining. Indeks BI dari 15 produsen bullion global terbesar merosot 2,3 persen, diliputi oleh kerugian di Gold Fields Ltd. dan AngloGold Ashanti Ltd.(Solid Gold )

Sumber: Bloomberg

source

Gold futures fell to the lowest in almost two weeks and bullion mining stocks sank as investors favored riskier assets on expectations that Emmanuel Macron will become France�s next president.

The metal slipped as much as 1.8 percent in New York and a Bloomberg Intelligence gauge gold miners plunged as much as 2.7 percent after pro-growth centrist Macron and nationalist Marine Le Pen won the first-round vote on Sunday. Le Pen, who wants to take France out of the euro and cut immigration, has trailed Macron in almost every opinion poll for the run off. A second round takes place on May 7.

With the second-round line-up avoiding the scenario of a contest between Le Pen and communist-backed Jean-Luc Melenchon, widespread relief across markets pushed European stocks and the euro higher, and cut gold�s gain this year to 10 percent. Hedge funds had recently boosted bullish gold bets and investors bought bullion through exchange-traded funds amid demand for a haven amid concerns over North Korea.

Gold futures for June delivery declined 1.3 percent to $1,272 an ounce at 9:51 a.m. on the Comex in New York, after touching $1,266, the lowest since April 11. Prices pared losses after data from the Chicago Federal Reserve showed U.S. economic activity fell in March.

With a Macron victory seen as the most likely outcome of the French election, investors will turn their attention to the outlook for U.S. interest rates, Dahdah said. While Federal Reserve officials are due to meet in the first week of May, traders mostly aren�t expecting a rate increase until at least June.

Gold�s slide also pulled down bullion mining stocks. The BI gauge of 15 large global bullion producers slumped 2.3 percent, paced by losses in Gold Fields Ltd. and AngloGold Ashanti Ltd.

Source: Bloomberg

 

 

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