JP Morgan says coronavirus might be keeping lid on gold
With stock markets in the U.S. and Europe looking for a tentative rebound following last week's coronavirus-driven sell-off, and a strengthening dollar, spot gold was trading 0.82% lower at around $1,576.8/oz ounce on Monday.
"Technically, the first resistance level is now placed at $1,585 — a return above this level could open the door for a rally above $1,600."The coronavirus outbreak has triggered further risk sell-offs, but is not alone in providing a lift to the gold price, according to BullionRock Managing Director Robin Newbould.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Column: With Trump currently gaslighting their state, how will Iowans vote on Monday?Column: With Trump currently gaslighting their state, how will Iowans vote on Monday? (via latimesopinion)
Baca lebih lajut »
What to Watch on Monday: Peter's 'golf cart mishap' explained on 'The Bachelor'We know TV has a lot to offer, be it network, cable, premium channels, or streaming platforms including Netflix, Hulu,…
Baca lebih lajut »
5 things to know before the stock market opens MondayU.S. stocks were indicated higher Monday despite the 7.7% nosedive in China's Shanghai composite overnight on first trading day there since the extended Lunar New Year holiday.
Baca lebih lajut »
The Gold Standard Pandemic Masks Are Out of Stock, So What Should You Get?Three infectious disease doctors weigh in the best strategies to prevent illness during cold and flu season, including the efficacy of face masks
Baca lebih lajut »
Michelob Ultra Pure Gold uses its Super Bowl ad to plug program for organic farmingThe Super Bowl spot for Michelob Ultra Pure Gold, the brand's organic beer, tells consumers if they buy a six-pack of the lager a portion of sales will go to farmers looking to transition to organic.
Baca lebih lajut »