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US stock performance varied due to the possible delay of the elections : 31-07-2020

News Date: 31/7/2020 04:02:54

Gold futures ended the Thursday August delivery of gold, which fell by 0.38%, to be traded at $ 1940.00 an ounce. The contracts were previously traded for a decrease and stability at the price of 1930.10 dollars an ounce, and it is expected that gold will find support points, a decline at the price of 1880.50 dollars, and resistance points at 1974,90 dollars.

Silver futures contracts for September delivery fell 3.38% to trade at $ 23.42 an ounce.

US stocks also varied at the end of yesterday’s session, after President Donald Trump issued a decision to postpone the presidential elections scheduled for November, despite the date set in the United States constitution, as the Dow Jones Industrial Average rose by 0,85%, while the index fell The Standard Fund 500 increased by 0.38%, while the Nasdaq index also increased by 0.43%. Thus, the indicators recorded gains, especially in the technology sector, public enterprise sector, and the services sector, in contrast, losses were recorded in each of the basic materials sector And finance, natural gas sector, and the oil sector, and thus the oil futures contracts for September delivery fell by 0.40%, to be traded at a price of $ 40.08 a barrel, and was traded on a downward session at a price of $ 40.05 a barrel, and it is expected that Oil finds support points down at 38.76 and resistance points at $ 41.93.


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