Breaking News

Gold rises and the US dollar falls 14-09-2020

News Date: 14/9/2020 06:22:57

We open the trading week with a rise in gold prices today, after it witnessed a decline in the last days of last week, as it is a safe haven for investors, especially when crises that negatively affect economic activities intensify, and among the gold contracts that have known the rise since the beginning of the Corona epidemic until Now we find : Spot gold rose to a peak above $ 2,072 on August 07.

As for the rise in contracts for today, gold futures contracts rose by 0.45%, to trade at $ 1,956.75 an ounce.

As a result, the US dollar fell, also the American and European stocks : the shares of American technology companies continued to decline, and the indices fell again.

As for the Japanese stocks, they closed higher today, after the Nikkei index rose by 0.74% to close at 23479.48 points, and the broader Topix index rose by 0.93% to reach 1651.91 points.

Also, oil prices rose on Monday : US crude futures rose 0.4% to $ 37.47 a barrel, while Brent crude increased 0.2% to $ 39.89 a barrel.


And to conclude with the developments of the epidemic : it is expected that Coronavirus cases will reach 29 million cases today, which negates the possibility of any economic recovery nearing !

Latest news

Japanese stock indices fell on Friday to record the biggest weekly loss in 3 months, as the Nikkei index fell by 1.52% to reach 22977.13 points, due to the damage to sentiment due to the mixed busine
10-2020 30 10:10:05

US stock indices closed lower at the end of trading yesterday , as the Dow Jones index fell by 3.43%, thus hitting its lowest level in a month, the Standard JPD 500 index fell by 3.53%, while the Na
10-2020 29 05:03:30

Gold futures for December delivery fell 0.14% during the Asian session , to trade at $ 1,909.15 an ounce. The contracts were previously traded on a lower session at USD1905.05 an ounce. Gold may fin
10-2020 28 07:15:13

It appeared that the stimulus package talks had stalled again, and did not proceed as agreed upon ! On Monday, White House Economic Adviser Larry Kudlow said the talks had slowed. US House of Represe
10-2020 27 07:39:35

Waiting for the formation of the new US administration, the Speaker of the US House of Representatives blames President Trump for delaying the signing of the stimulus bill , which began being discuss
10-2020 26 06:07:03

More News