Macro Quant News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tuesday, 1/12/2021 14:54
GOLD PRICES fell back again in London trade Tuesday, retreating $20 from a rally to $1863 per ounce before steadying as Western stock markets fell once more against a backdrop of worsening Covid infection and death rates, supply-chain issues with mass vaccinations, but also a rise in longer-term interest rates in the bond market ahead of the trillions in new borrowing due from incoming US President Joe Biden s spending plans.
 
Crude oil rose to new 10-month highs above $56 per barrel of European benchmark Brent and copper neared last week s 7-year highs at the London Metal Exchange.
 
Following last Wednesday s violent attack on the US Congress by a mob backing Donald Trump, ....

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