Gold gains more than $80 an ounce to mark largest daily dollar climb on record

Tuesday, 24 March 2020 01:11 WIB GOLD EMAS

Gold futures rallied on Monday, sending prices up by more than $80 an ounce, or 5.6%. That marked the biggest daily dollar climb for the most-active contact, based on records dating back to 1984, and largest one-day percentage rise since March 2009, according to Dow Jones Market Data. Weakness in the dollar, which dropped in the wake of the Federal Reserve's decision to purchase an unlimited amount of Treasurys and securities to support the financial market, provided a boost for the precious metal. April gold rose $83, or 5.6%, to settle at $1,567.60 an ounce. Source : MarketWatch



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Precious Metals

Gold scores biggest weekly gain since 2008
Saturday, 28 March 2020 01:29 WIB
Gold futures settled with a loss on Friday but still scored the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the


Sterling rose on Friday as investors became more confident that the United States government and central bank economic stimulus could alleviate some of the impact of the coronavirus crisis. The


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