Platinum rises as much as 3.5% SPDR Gold holdings hit lowest since April 2020 (Adds comments, updates prices)
March 9 (Reuters) - Gold rose nearly 2% on Tuesday, as it gained respite from a retreat in U.S. Treasury yields and the dollar following a slide to a nine-month low in the last session.
Spot gold rose 1.5% to $1,706.01 per ounce by 1308 GMT, having earlier risen as much as 1.8% to $1,711.16.
U.S. gold futures climbed 1.4% to $1,701.80.
“Given the metal’s zero-yielding nature, falling yields may provide a tailwind for bulls to elevate prices higher,” said Lukman Otunuga, senior research analyst at FXTM.
But while gold may extend gains near term, “fundamentally, the pendulum swings in favour of bears especially when factoring in how global sentiment is improving on vaccine rollouts and COVID-19 cases are falling globally.”
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Former Commanding General of U.S. Army Research, Development and Engineering Command Brings Broad Technical Experience and Critical Connections to Company
SAN DIEGO, CA / ACCESSWIRE / March 9, 2021 / TPT Global Tech Inc. ( TPTW or TPT Global Tech )(OTCQB:TPTW) www.tptglobaltech.com based in San Diego, California, a technology-based company with divisions providing telecommunications, medical technology, media content for domestic and international syndication as well as technology solutions, today announced that Major General John F. Wharton (US Army Ret), former Commanding General of U.S Army Research, Development and Engineering Command, will be joining the TPT Global Tech Inc. Board of Advisors.
Oil fell to around $68 a barrel on Tuesday in a choppy session, pressured as concerns faded of a supply disruption in Saudi Arabia, which countered a pause in the dollar's rally and prospects for tighter supply due to OPEC+ output curbs.
Qatar tops global Internet adoption list with 99% users
09 Mar 2021 - 8:38
By Ayeni Olusegun | The Peninsula
Doha: Qatar has ranked number one globally in Internet Adoption according to ‘The Global State of Digital 2021’ report released by Hootsuite. The report features in-depth profiles of more than 230 countries and territories around the world.
With a population of 2.91 million in January 2021, over 99 percent of Qatar’s population live in urban areas, and 2.88 million Internet users were recorded in Qatar in January 2021, an increase of 29,000 between 2020 and 2021, the report said.
Other countries with 99% Internet adoption include Bahrain, Iceland, Kuwait, Norway, and the UAE.
The Hootsuite report also stated that Qatar has 2.87 million social media users, equivalent to 98.8 percent of the total population as of January 2021. Qatar’s mobile connections increased by 35,000 (+0.8%) between January 2020 and January 2021, raising the connections to 4.67 million
Oil fell to around $68 a barrel on Tuesday in a choppy session, pressured as concerns faded of a supply disruption in Saudi Arabia, which countered a pause in the dollar's rally and prospects for tighter supply due to OPEC+ output curbs.