• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Early election results provoked fall in gold prices, oil goes up

4th November 2020 David Stevenson

Early election results provoked fall in gold prices, oil goes up Pin It

The price of gold and the price of copper went down Wednesday, while the price of oil showed an increase. Traders are cautiously losing confidence in a rapid result of the American presidential election. This possible ambiguity makes the financial markets somewhat nervous. The opening indicators for the US stock exchange were also very mobile.

In addition, every headline or early indication of a possible victory by Donald Trump or Joe Biden is answered. The incumbent American president Trump seems to have once again defied opinion polls, with profits in major states such as Florida and Texas. That seems to stand in the way of Joe Biden’s rapid passage to the White House.

Gold lost its shine and was traded in for dollars, for example. The price of oil went up by a few percent. Commodity dealers point out that the oil market benefits from Trump’s victory, because it is unlikely that, for example, the Iranian supply will return. During his presidency, Trump took a firm stand against major producers such as Iran and Venezuela.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Primark and AB Foods…

In Money Matters

Primark and AB Foods lost 35 percent of profit, 12 percent in turnover

View Post

Next Post

Kenes Rakishev on EV's rapid…

In IT, Innovation and Startups

Kenes Rakishev on EV's rapid adoption and potential supremacy

View Post

In IT, Innovation and Startups

Moderna gets permit for a mRNA plant in the UK

View Post

In Money Matters

British consumer confidence at the historically lowest point

View Post

In Foreign Affairs

The ban of Russian gold is likely to boost the price

View Post

Newsletter

Latest News

View

The ban of Russian gold is likely to boost the price

27th June 2022

View

British consumer confidence at the historically lowest point

24th June 2022

View

Moderna gets permit for a mRNA plant in the UK

23rd June 2022

View

Tesco says Brits are buying less and downtrading to manage inflation

20th June 2022

In Domestic Affairs

Crisis at P&O Ferries could affect independent UK retailers

View Post

In Domestic Affairs

Authorities seize one of P&O Ferries ships

View Post

Bulat Utemuratov owns an entire garage of sport cars.

In Foreign Affairs

The Great Hunt for the Nazarbayev assets has just begun

View Post

The former president of Kazakhstan N. Nazarbayev (L) and Aslan Musin (R)

In Foreign Affairs

Aslan Musin, an elusive kleptocrat from Kazakhstan, provided falsified records to obtain EU citizenship

View Post

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com

Sign Up for Our Newsletter

Our friendly crew

  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]