Harga Emas Naik Setelah Gempa Bumi di Jepun

Harga Emas yang sedang turun naik kembali dan menuju ke arah yang lebih tinggi disebabkan kejadian gempa bumi di Jepun menyebabkan pelaburan beralih kepada pelaburan selamat. (pelaburan emas). Harga emas meningkat sebanyak USD 9.30 dan ditutup pada harga USD 1,421.80 seounce.

Gold Prices Rebound After Japan Quake

NEW YORK (TheStreet ) -- Gold prices reversed directions Friday and headed higher as an earthquake in Japan triggered safe haven buying.

Gold for April delivery added $9.30 to close at $1,421.80 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,423 and as low as $1,404.80. The spot gold price was adding $9.40, according to Kitco's gold index.

 

The worst earthquake in Japan for 140 years squeezed global markets Friday as investors tried to digest how this would affect neighboring countries, demand for commodities and curtail a worldwide economic recovery.

 

Gold pared earlier losses and headed higher on safe haven buying and a weaker U.S. dollar but was missing the momentum that usually accompanies any market panic.

"I believe it could be and should be ... $20 higher," says David Morgan, founder of Silver-Investor.com. Morgan speculates that the lack of a big rally in gold points to big buyers doing some big selling. "It's profit taking [and] ... there's powers in there that say 'you know we don't want gold any higher.'"

Morgan is now forecasting a wide range for gold from about $1,320 to $1,420 an ounce.