Republicans Turn On Trump

Gold closed 0.58% higher on Tuesday as the upturn begins after last week’s collapse.

The greenback’s decline is keeping bulls hopeful, amid expectations of a multitrillion-dollar stimulus likely to be announced by President-elect Joe Biden soon.

Added to the pandemic numbers and the civil unrest, could we see the yellow metal make a full retracement?

Oil at 11-Month High

WTI jumped over 2% yesterday, eclipsing the $53 handle.

Strong API figures showed a large crude draw which led the black gold higher. The rally now looks towards EIA figures released later today, as a further move would cement a push towards $60.

1 2
View single page >> |

Disclaimer: Orbex LIMITED is a fully licensed and Regulated Cyprus Investment Firm (CIF) governed and supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10). ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.