imogenbrown Rekisteröidy Kirjaudu Keskustelufoorumin ohjeet Profiili Viestiketjuja aloitettu Vastauksia kirjoitettu Suosikit Profiili The price of gold lost its previous gains of around 1.3% on Monday, amid NSE pressure of -1.02% amid fears a new coronavirus hit the markets and tight restrictions in place. Spot gold fell 0.3% to $ 1,874.91 an ounce at 11:15 a.m. GMT, its highest level since November 9 at $ 1,906.46. The US gold futures fell 0.6% to $ 1,877.70. “Usually it's a feeling of risk. Forex and business markets are low. The new strain of the virus has created new uncertainties in the market and we are seeing a significant increase in risk, ”said Xiao Fu, an analyst at Bank of China International. "In these cases, gold should win as a safe bet, but generally in these cases we see the dollar stealing the show." The dollar index rose more than 1% and then hit a low again a week later when news of the mutated coronavirus dropped the pound and the euro. European currencies also collapsed as a result of a severe UK shutdown that sparked unrest among families and businesses a few days before the country left the European Union. Prices rose more than 1% at the start of the session after reports that church leaders in the US reached a $ 900 billion package on Sunday to help a stagnant US economy. “The US financial package supports inflation expectations. As a result, the US 10 Tips return has fallen sharply since September. The real price decline is good for gold, ”said UBS analyst Giovanni Staunovo. For other metals, silver rose 1% to $ 26.02 an ounce, hitting a high of $ 27.38 since September 16, palladium fell 1.7% to $ 2,321.36, and platinum fell 4.7% up to $ 987.58. “With Europe suffering from travel restrictions again, the platinum market could suffer as it is more heavily influenced by Europe. Therefore it is at risk and steel suffers from a weaker base, ”added Staunovo from UBS.For such kind of news visit : Assignment Help UnderTreatAssignmentHelp we provide many types of help to the students. We are the most reliable assignment helpers. We have gained our specialization after spending most of our times in making ourselves perfect. We providing 100% plagiarism free Assignment Help in Australia and also Entrepreneurship Assignment Help In Australia Forum Role: Participant Viestiketjuja aloitettu: 0 Replies Created: 0 Vanhat keskustelut (arkisto) (avautuu uudessa ikkunassa) Käyttäjänimi Salasana Muista minut Kirjaudu Unohditko salasanan?