Breaking News

The US dollar and the price of gold are inversely related! - 28-04-2020

News Date: 28/4/2020 03:53:28
 

After its value went down yesterday, the US dollar index touches important levels of progress, although everything is not fixed but continues to fluctuate, after yesterday it was sitting in worldly levels, especially against the British pound and the Canadian dollar, reconciling again against the dollar Canadian at 0,2504%, at approximately $ 1,407 Canadian dollars per 1 unit of US dollar. The New Zealand dollar also fell .

After this sudden bounce, the gold price futures contracts fell, to trade at 1710.70 after it was rolling yesterday at 1723.8 an ounce. As for silver, it decreased in turn by 1,203%, which made it stabilize at 15,068, after yesterday it was retaining the price of 15,1990.

As for the global market indices, the Dow Jones index increased by 0.56%, to settle at 24090.6 level, in addition to the S&P index by 0.49%, and it settled at 2870.59. On the other hand, the Nasdaq index witnessed an unaccustomed decline, as it was estimated at 0.45%.

It is expected that the dollar will continue to rebound during the upcoming sessions. Also, a decision was issued by the competent authorities to restructure the appropriate pricing lists after all the commotion that the dollar has caused with other currencies in which dealing will not work.

After now .. !

Latest news

Oil futures rose today, Wednesday, as crude oil futures trading for September delivery increased by 0.02%, reaching $ 41.69 a barrel, previously traded on an increase session at $ 41.73 a barrel. Oil
08-2020 05 02:46:36

The gold futures contracts for October delivery started their trading on Tuesday, with a decrease of 0.17%, to be traded at the price of 1978.15 dollars per ounce, as had been previously traded on a
08-2020 04 00:46:23

We begin the events of today with the rise he has known to gold, as a safe haven in light of economic fears and anxiety the world is living in, especially as the numbers of infection rates of Coronav
08-2020 03 05:48:16

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 193
07-2020 31 04:02:54

Crude oil futures fell 0.10% today, to reach 41.31 dollars a barrel. Crude oil futures were previously traded as low as $ 41.19 a barrel, as it is expected that oil will find support points down at $
07-2020 30 04:29:12

More News

Logs

Advertisements