Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

"Yellow metal" prices are rising and the new Corona wave threatens to slow the economic recovery

Recommended Posts


"Yellow metal" prices are rising and the new Corona wave threatens to slow the economic recovery

 2020-10-27 08:55


Shafaq News / Gold prices rose today, Tuesday, at a time when a new wave of Coronavirus infections threatened to slow down the global economic recovery from the Covid-19 pandemic, to increase the temptation of the yellow metal as a safe haven.


And gold in the spot market rose 0.2 percent to 1,906.83 dollars an ounce.

In US futures trading, it rose 0.2 percent to $ 1,909.50.

A large number of countries, including the United States, Russia and France, announced record numbers of COVID-19 cases, forcing some to impose new restrictions that threaten to derail the global economic recovery.

The dollar index fell 0.1 percent against its rivals under strong economic data from China and South Korea, making gold cheaper for holders of other currencies.

As for other precious metals, palladium rose 1.3 percent to $ 2,381.86 an ounce, while platinum rose 1 percent to $ 878.54.

Silver rose 0.6 percent to $ 24.47 an ounce.اقتصـاد/سعار-المعدن-ال-صفر-ترتفع-وموجة-كورونا-الجديدة-تهدد-ب-بطا-التعافي-الاقتصادي

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.