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Gold and Oil futures closed lower 05-06-2020

News Date: 5/6/2020 03:38:05

Today we start with developments in the decline in gold futures contracts, as they decreased by 1.4% and the rate of change was estimated at -24.26, to be traded at $ 708.42 an ounce, and before that it opened at 1732.68 levels, and closed at 1731.63, as silver prices fluctuated. In a narrow range heading for a decline by 0.02%, to be traded at $ 17.09 an ounce, and it fell by 2.05%.

Also during the Asian session, crude oil futures for June delivery increased by 0.29% to $ 37.62.

US stock indices varied with the end of yesterday’s sessions, as they led themselves upward, thereby registering gains in the telecommunications sector, the basic materials sector, and the financial sector. But it negatively affected other sectors and led them down, such as the technology sector, the health services sector, and the public institutions sector.

The Dow Jones rose by 0.05%, the S&P Standard, which fell by 0.34%, and finally the Nasdaq, which weakened by 0.69%.

On the other hand, Japanese stock indices, including the Nikkei 522, declined by 0.36%, down to 22613.08 points, and the broader Topix index declined by 0.27% to 1599.56 points.

The US dollar pair rose against the euro, to be traded at 1.14 dollars, in contrast, the US dollar pair fell against the New Zealand dollar, to be traded also at 0.65 dollars, as the dollar fell against both the British pound and the Swiss franc.

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