Jakarta, CNBC Indonesia – The world gold price is still undergoing a correction trend. In the last month, the price has fallen more than 6%.
On Friday (25/6/2017) 07:13 WIB, the price of gold in the spot market was recorded at US$ 1,772.99/troy ounce. Down 0.12% from the previous day.
The precious metal is languishing. In the past month, the price of this commodity fell 6.42%.
Gold as a safe instrument (safe haven) becomes less attractive when the market is excited. Yes, investors are now eager to hunt down risky assets because the situation is conducive.
This is seen on the New York stock exchange. In the early hours of Indonesia, the Dow Jones Industrial Average (DJIA) rose 1.04%, the S&P 500 rose 0.66%, and the Nasdaq Composite added 0.72%. The S&P 500 and Nasdaq hit all-time highs.
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