Wednesday Outlook: Gold soars past $2,000; dollar dented

Pandemic cost concerns drag on shares; oil prices toppled

  
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, August 14, 2019.

Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, August 14, 2019.

REUTERS/Michael Dalder

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Gold shines on falling dollar, yields; pandemic cost concerns drag on shares
Falling U.S. dollar, bond yields push gold higher

Gold extends record rally on softer dollar, stimulus bets
Outlook for gold remains 'very strong' - analyst

Oil prices toppled from rising streak as jump in COVID-19 cases stokes fuel demand fears
Crude inventories were down by 8.6 million barrels in the week to Aug. 1

Dollar dented as yields dive on recovery worries
Yen firm, gold soaring as U.S. yields crater


Gain a deeper understanding of financial markets through Thomson Reuters Eikon

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020

More From Equities