Gold's biggest daily gain since August as oil slumps
क्या हुआ
Spot gold rose about 3.3% to around $4,060 an ounce, its biggest one-day gain since August. The same day Brent crude fell about 9% to roughly $94.50, and the dollar hit its weakest level in more than a month. Hopes for talks with Iran rose after Democrats won the US midterms, though an Iranian official said the sides were still far from an agreement.
इसका मतलब
Gold moved this time through oil: a lower oil price cut inflation expectations and eased the dollar and yields. Gold has often not acted as a safe haven in this conflict. This year it has tended to fall when oil rose, because higher oil raises the risk of tighter Fed policy. This is one view, not a settled direction.
सिर्फ़ समझ के लिए, prediction नहीं। यह buy/sell सलाह नहीं है, ख़बर पढ़कर सीधे trade न करें।
Source: investinglive.com