Sport Gold price: There is a risk of significant weekly loss
McConnell’s First Act of Sabotage
The Senate majority leader is rushing to confirm a nominee to the Federal Reserve Board, just in time for her to cause trouble for President-elect Biden.One of the nominees is a conservative with extensive central-bank experience, broadly respected by monetary-policy experts. The other campaigned for the job from the lobby of the Trump International Hotel in Washington, D.C., and is widely regarded as a hyper-partisan extremist.
The crisis protection has hardly recovered from the drop in the gold price at the start of the week. It currently shows a weekly loss of 3.7 percent.
by Jörg Bernhard
Since last Friday, the amount of gold held by the world's largest gold ETF SPDR Gold Shares has decreased from 1,260.30 to 1,239.57 tons, the lowest level since the end of July. From the lowest level in three and a half months marked on Monday, the yellow precious metal has since recovered noticeably over the course of the week. From a technical chart point of view, the mid-term 100-day line was breached at the start of the week, but a solid technical floor has formed in the $ 1,850 area. The worsening corona situation recently helped the gold price to higher regions, but because new US government aid is still a long time coming, the recovery is not particularly strong.
Broncos DC Ed Donatell back home recovering after COVID-related hospitalization
Broncos defensive coordinator Ed Donatell required hospitalization after contracting the coronavirus, according to the team. The second-year Denver DC was hospitalized last week but discharged Sunday. Donatell, 63, has been battling COVID-19 symptoms since Oct. 31 and has missed the past three games. Donatell, who is in his third stint with the franchise, is one of a few Broncos staffers to have contracted the virus. Running backs coach Curtis Modkins did so in October, and offensive line coach Mike Munchak was in the team’s COVID protocol.
On Friday morning theCrude Oil: IEA is skeptical presented itself with higher prices. Until around 7.45 a.m. (CET), the most actively traded future on gold (December) rose by 5.40 to 1.878.70 dollars per troy ounce.
On Wednesday, OPEC doubted that hopes for an early vaccine could significantly stimulate oil demand. The International Energy Agency shared this opinion yesterday, Thursday. Rising new corona infections depress the mood in early Friday trading. Around 7:00 p.m., the US oil service companywill communicate its weekly report on North American drilling activities, thereby generating increased attention in the energy markets. Should there be any surprises here, this should also have an impact on the trading trend for the coming week.
On Friday morning thepresented itself with somewhat weaker prices. By around 7.45 a.m. (CET), the next WTI future due fell by 0.60 to 40.52 dollars, while its counterpart on Brent fell by 0.47 to 43.06 dollars.
USA TODAY Sports Super 25 high school football rankings: Week 11 .
USA TODAY Sports Super 25 high school football rankings: Week 11