Quick links: United States | Major Indices | Indices Future | Real-time Commodities | Webinars | Coronavirus | Economic Calendar
Stock Market
Google executive to take over as a new CEO of Pinterest
Stock Market
Accounting firm gets 100 million fine for faulty regulations
Forex
The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price
Stock Market
Wall Street Lose Balance after recession strikes growth fear among consumers’
Stock Market
Inflation ringing the recession bell - Mohammed Shaheen
Commodities
29 Nov 2021
Gold up as Omicron Worries Continue
The Index Today
On Monday morning in Asia, Gold was up as concerns of the new coronavirus variant Omicron gave it a boost. Gold futures were went up by 0.39% to $1,795.05 by 11:27pm ET.
The omicron variant was detected in a number of countries such as the Netherlands and Denmark, leading to further travel restrictions to curb the spread. The World Health Organization has said more time is needed to assess the newly found strain of the virus. The president of the European Central Bank said that countries in the Eurozone are prepared and equipped to deal with another wave.
In other new, the U.S is hopeful that the economic recovery of the nation will continue its path despite another wave. Japanese retail sales saw a growth of 0.9% this year in October whereas Australia’s gross operating profits went up by 4%. In precious metals, platinum went up 2.3%, silver increased by 1.1% and palladium jumped 2.7%.
