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After some relative progress .. Oil and gold prices will once again drop ! - 27-05-2020

News Date: 27/5/2020 02:16:05

Yesterday morning, gold and oil prices know some relatively satisfactory results, but they open this morning with an increase in their price levels. After that, the prices for the fixed price of gold were steady at the level of $ 1735.80 an ounce fell today to settle at $ 1696.35, the rate of decline 0.54%, gold is expected to know points support, down about 1696 dollars, and resistance at 1742.00 dollars. This coincides with the decline in silver futures contracts for June delivery, 0.69%, to stand at $ 17,437 an ounce.

As for oil, its trade, according to the New York Stock Exchange, absorbs $ 34.08 a barrel, a rate of 0.79%, so Brent prices for June fell by 0.53% to settle at $ 35.98 a barrel.

We continue with the developments of stocks : Japanese stocks, in turn, did not maintain the level of their rise, after the Nikkei 522 was up yesterday by 2.6%, today it is losing 0.10% and stands at 21249.31 points, while the Topix index you have 0, 04% to 1535.42 points levels.

To remain the only bright side is the rise in US stocks, which made some gains in the financial sector, industry and oil. The Dow Jones index increased by 2.17%, while the Nasdaq index increased by 0.17%, while the Standard & Poor 500 index rose by 1.23%.

We conclude with currency news, as economists expect the dollar to continue to decline against the British pound and New Zealand dollar, in addition to the euro.

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