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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The dollar rose against major currencies on Monday as fresh declines in global stocks and worries about tightening liquidity amid the worsening coronavirus crisis accelerated the flight to cash. The dollar rose against sterling toward its...


Oil prices drop by more than half for the month
Wednesday, 1 April 2020 02:13 WIB
Oil futures finished modestly higher on Tuesday, but lost more than half of their value for the month of March on worries about energy demand amid restrictions set in place to avoid the spread of

Precious Metals

Gold futures fell sharply on Tuesday, but scored a gain for month against a backdrop of ongoing worries about the spread of the coronavirus and overall losses in the stock market. June gold fell


Sterling rose on Tuesday as investors readjusted their portfolios at the end of the first quarter of 2020, although analysts said the currency remained fragile. The pound fell earlier in the day


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