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Gold prices are rising during the last trading day of the week

2019-03-15 10:35 am | Resource: News | No Views : 189


 
Gold prices rose during the last week of trading on Friday, trading at their highest levels this week at $ 1300 levels, supported by the decline in the dollar index under the pressure of growing fears of slowing global growth, prompting investors to move to safe havens to hedge against volatility.

The markets are looking for new British exit from the European Union after the British parliament approved the extension of the BRIC deadline beyond March 29. Where the UK office minister and de facto Deputy Prime Minister David Liddington told BBC Radio 4 on Friday that parliamentarians should agree to a deal to avoid ensuring Britain's exit from the EU.

Wall Street rises in futures trade trade talks

Major US markets in the Green Zone were trading in the market ahead of Friday as investors cautiously followed developments in trade negotiations between Washington and Beijing. US President Donald Trump said that trade negotiations with China were going "well" and that his team would most likely announce its results in the next three to four weeks. Chinese media reported that the two countries "made significant progress in the text of the trade agreement."

  • The Dow Jones Industrial Average rose 0.29% at 11:17 CET.
  • While the Nasdaq 100 rose 0.39% at the same time.
  • The Standard & Poor's 500 Index jumped 0.20% at 11:18 CET


Dollar Index

  •   The dollar index, which tracks the performance of the greenback versus a basket of six currencies, fell 0.15% to 96.627.
  • The euro rose 0.11% against the dollar to go to 1.1316 5:19


Gold Trading
 

  • Gold futures for April delivery rose 0.46% to $ 1301.10 an ounce, after ending the day's trading at $ 1295.10 an ounce.
  • Spot price of precious metals rose 0.33% to $ 1300.39 an ounce at 10:10 am. 


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Best Opportunities, Vision and Technical Analysis for The Oil 17 April 2019

(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…

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