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-0.000736377025036847 0.00032646048109968 0.00122238586156106 -0.00171821305841925 -1.47275405007021E-05 -0.0058910162002946 -0.0105547373588611 -0.00638193421698571
Stock impact report

Gold rises, drawing support from weaker equities [Reuters]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Reuters
Gold rises, drawing support from weaker equities (Reuters) - Gold edged higher from a more than one-week low hit earlier on Monday, helped by dwindling share markets as U.S. crude prices plunged and concerns about coronavirus-linked economic damage persisted. Spot gold rose 0.5% $1,691.88 per ounce at 11:25 a.m. EDT (1525 GMT), having touched its lowest since April 9, at $1,670.55 earlier in the session. U.S. gold futures climbed 0.7% to $1,709.90. “We had a bit of sell-off earlier and we hit some support level, so there is a bit of technical rebound,” said Bart Melek, head of commodity strategies at TD Securities. “Gold has been very much subject to what has been happening in broader market ... There will be a positive view of the economy going forward as things open up and given all the massive amounts of monetary and fiscal stimulus, the market will turn to gold as a protector against inflation.” Governors in U.S. states hardest hit by the pandemic sparred with President Donald Tru Show less Read more
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