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The latest developments in the US stimulus package : 20-10-2020

News Date: 20/10/2020 02:30:24
 

US House of Representatives Speaker Nancy Pelosi set today, Tuesday, as the last date for the US Congress, to approve a new stimulus package bill before the presidential election date (November 3), while US President Donald Trump renewed his offer regarding the removal of the stimulus package.

 

Silver futures contracts rose for the month of December by 0.51 percent, to be traded at $ 24,573 an ounce.

On the other hand, the gold futures contract decreased by 0.41%, to be traded again at a price of 1903.9 dollars per ounce. Gold futures contracts were traded previously on a lower session at a price of $ 1896.95 an ounce, and gold is expected to find support points at $ 1892.7 and resistance points at $ 1923.40.

As for copper, it decreased by 0.02%, to be quoted at $ 3,0842 per pound.

 

Crude futures contracts also declined, as it fell by 0.63%, to be traded at $ 40.8 a barrel as well.

Crude oil contracts were previously traded at $ 40.66 a barrel, and it is expected that support points will find a drop at $ 39.22, and resistance points at $ 41.44.

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