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Auto Shows Gold price: relatively directionless trend

12:27  26 august  2020
12:27  26 august  2020 Source:   finanzen.net

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GOLDPRICE .ORG - The No. 1 live gold price chart providing full screen live gold price charts in ounces Like the short-term trader, long term gold investors may use charts to try to identify trends in the For example, if the ratio is at 80, some might consider silver relatively less expensive than gold

Gold prices change constantly, and our live spot gold prices and charts update every minute during trading hours to reflect recent market fluctuations. The gold price table below displays pricing in increments; gold price per gram, gold price per ounce and gold price per kilogram.

The gold price is currently in a lethargic state. Before the statements on the US Federal Reserve Symposium, there is a wait-and-see attitude among market players.

INDRANIL MUKHERJEE/AFP/Getty Images © Provided by Finanz.net INDRANIL MUKHERJEE / AFP / Getty Images

by Jörg Bernhard

The mood was recently expressed by the signs of relaxation in the Sino-American trade dispute. Tomorrow, Thursday, the players in the gold markets are likely to watch the speech by Fed chairman Jerome Powell intently. The mood among US consumers is also extremely weak. A consumer confidence index released yesterday turned out worse than expected, marking its lowest level in six years. With the world's largest gold ETF SPDR Gold Shares, the buying mood has also subsided. After several days of stagnation, the amount of gold it held decreased from 1,252.38 to 1,248.87 tons.

Hyundai's Product Planner Wants a Genesis Coupe Revival

  Hyundai's Product Planner Wants a Genesis Coupe Revival Long before Hyundai crowned today’s Veloster N hot hatchback as its sportiest offering in the U.S., the South Korean brand had flexed its dynamic competence muscle with the two-door Tiburon coupe and later rear-wheel-drive Genesis Coupe. The former entered the United States for the 1997 model year as a handsome but generally forgettable front-wheel-drive model. However, the latter vehicle, which arrived for 2010, truly helped Hyundai establish itself among enthusiasts.

Read the latest spot gold price trends and articles while following the gold price with our live chart. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world.

Gold prices were struggling to find direction Thursday as the euro dipped.

On Wednesday morning the gold price was presented on the futures market with stable prices. By around 9:00 a.m. (CEST), the most actively traded future on gold (December) decreased by 1.80 to 1,921.30 dollars per troy ounce.

Crude Oil: High US Production Losses

Hurricane Laura caused daily oil production losses of 1.5 million barrels in the gold of Mexico and a cut of 1.17 million barrels in the refineries. As a result, the oil price has risen significantly. The American Petroleum Institute's report, released on Tuesday evening, showed an inventory minus of 4.5 million barrels. Fossil fuels could experience new impulses in the afternoon, when the US Energy Information Administration (4.30 p.m.) publishes its weekly report on the development of stock reserves and production figures. In addition, the announcement of incoming orders for durable goods (2.30 p.m.) is likely to cause increased tension.

On Wednesday morning the oil price presented itself with held quotes. By around 9:00 a.m. (CEST), the next due WTI future decreased by 0.03 to 43.32 dollars, while its counterpart on Brent rose by 0.08 to 46.37 dollars.

Audi begins participating in our least favorite automotive trend .
Subscription-based features kind of suck, but now, Audi rolled out its first pay-to-play functions in Germany.This past Thursday, Audi revealed it began rolling out "functions on demand" as it named the service. The language may differ, but the idea is the same: pay for various features if and as you want them. For example, Audi said its two electric cars , the E-Tron and E-Tron Sportback support LED headlight upgrades owners can purchase at any time. Instead of standard LED headlights, owners can purchase a subscription to the company's Matrix LED headlights with automatic high beams.

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