Monday, 1 July 2024 07:40 WIB | GOLD |GOLDEMAS Spot Emas
Emas bertahan pada awal semester kedua, dengan para pedagang merenungkan apakah data AS terbaru yang lemah dapat memacu Federal Reserve untuk segera beralih ke pelonggaran moneter.
Angka yang dirilis pada hari Jumat menunjukkan ukuran inflasi AS yang lebih disukai bank sentral, indeks harga pengeluaran konsumsi pribadi inti, naik 2,6% dari tahun lalu – laju paling lambat sejak Maret 2021. Meskipun angka tersebut masih di atas target inflasi bank sentral sebesar 2%. Perlambatan ini dapat membuka jalan bagi penurunan suku bunga, sehingga berpotensi membantu emas batangan yang tidak membayar bunga.
Pasar swap menunjukkan para pedagang melihat peluang 58% penurunan suku bunga diterapkan pada bulan September.
Gold held its ground at the start of the second half, with traders pondering whether the latest soft US data could spur the Federal Reserve to pivot to monetary easing soon.
Figures released Friday showed the central bank’s preferred measure of underlying US inflation, the core personal consumption expenditures price index, rose 2.6% from a year ago — the slowest pace since March 2021. While that’s still above the central bank’s 2% inflation target, the slowdown could pave the way for lower rates, potentially aiding non-interest paying bullion.
Swap markets show traders see a 58% chance of a rate cut being implemented in September.
Last week, the metal capped its third consecutive quarterly gain, the best run since the pandemic-blighted 2020. It’s advance this year has been supported by expectations of Fed rate cuts, as well as buying by central banks and demand for a haven amid geopolitical tensions.
Spot gold was little changed at $2,323.06 an ounce as of 8:27 a.m. in Singapore. The Bloomberg Dollar Spot Index slipped 0.1%. Silver fell, platinum was steady, while palladium gained.
Source : Bloomberg