Gold Down Amid Strong Dollar, But Capped By Growing COVID-19 Fears Gold retreated on Tuesday morning in Asia, with a strong dollar on Tuesday pulling traction away from the yellow metal. Gold futures were down by 0.85% to $1,798.65, by 1:12 AM ET (6:12 AM GMT), continuing to stay above the $1,800 mark. However, losses were …
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Oil prices slip on demand fears as U.S. virus cases surge Oil prices dipped on Thursday after the United States recorded its biggest one-day spike in coronavirus cases and California reimposed some lockdown measures, stoking worries a resurgence in COVID-19 cases will stall a recovery in fuel demand. U.S. West Texas Intermediate (WTI) crude (CLc1) …
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Gold Down Over Hopes For a COVID-19 Vaccine Gold was down on Thursday morning in Asia, with investor sentiment boosted by positive results from yet another potential COVID-19 vaccine. U.S. pharmaceutical company Pfizer (NYSE:PFE) announced the results from the early stage human trial for BNT162b1, its mRNA candidate jointly developed with German biotech firm BioNTech (NASDAQ:BNTX), on …
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Gold and silver saw profit booking on Friday as traders exited bullion counters at high levels. MCX Gold futures were down 0.06 per cent or Rs 31 at Rs 47,910 per 10 grams. Silver futures traded 0.07 per cent or Rs 36 lower at Rs 48,080 per kg. शुक्रवार को सोने और चांदी में मुनाफावसूली …
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Oil Heads Lower on Virus Resurgence and U.S. Stockpile Build Oil edged lower after its biggest drop in almost two weeks as swelling U.S. crude stockpiles and a surge in coronavirus cases across the nation raised concerns about demand in the world’s largest economy. Futures in New York dropped below $38 a barrel after losing 5.9% Wednesday …
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Oil prices inched up in early trading on Thursday after sliding more than 5% in the previous session on worries that a rapid rise in COVID-19 cases could choke a revival in fuel demand, but volumes were thin with China out on a public holiday. For Any Query Call@9675788811,9858149023 VISIT: https://www.Bullscommodity.com
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