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The US presidential elections and their impact on oil and gold: 03-11-2020

News Date: 3/11/2020 07:22:45
Update Date: 3/11/2020 07:25:47
 

The US presidential elections were held today, Tuesday, November 03, as scheduled, which seems to be a decisive and exceptional election by all standards, especially in light of the conditions that the world is experiencing. The country’s 46th president will be chosen in the 59th US presidential elections in the history of the United States of America.

 

Oil prices fell today, Tuesday, due to investors ’preoccupation with the news of the US main election, as US crude futures contracts fell 0.16% to trade at $ 36.75 a barrel, while Brent oil futures contracts fell by 0.23% to be traded as well. At a price of $ 38.88 a barrel.

 

Gold prices also fell marginally, and thus it trades cautiously during today’s morning trading, as the US presidential elections, and thus gold futures contracts rose by 0.02% to trade at $ 1892.4 per ounce, and traded slightly before the upcoming US elections.

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