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Gold futures and oil futures continue to fall apart : 04-08-2020

News Date: 4/8/2020 00:46:23
 

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 low session at the price of 1977.05 dollars per ounce, it is also expected that gold will find points Support is down at 1941.70, and resistance points are at $ 1997.00.

Silver futures contracts for September delivery were traded at $ 24,473 an ounce, after rising by 0.23%.

 

Crude oil futures contracts for September delivery were traded at $ 40.7 a barrel, after a decrease of up to 0.76%, and the decline session was expected at $ 40.58 a barrel. It is also expected that oil will find support points, down at $ 38.22, and resistance points at $ 41.39. While the price of Brent crude for October delivery fell by 0.79%, to be traded at $ 43.80 a barrel,

Yesterday, US stocks closed higher, as the Nasdaq Index reached the top, reaching 1.47%, followed by the Dow Jones Industrial Average, which closed up by 0.89%, then the Standard & Poor’s 500 Index, which rose by 0.72. %.

Japanese stocks also varied, after the Nikkei 225 rose by 0.83% to 223799.74 points, while the broader Topix index rose by 1.00% to settle at 151037.84 points.

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