Gold chalked up another record peak on Tuesday before pulling lower as the dollar clawed back earlier losses, while equity markets struggled with mounting coronavirus fears, dealers said. Nigeria Gold Dollar COVID19
With worrying new spikes in infections in Asia and Europe — on top of the already-high new US cases — forcing governments to impose strict COVID-19 containment measures, the global economic outlook remains clouded, putting the brakes on a months-long stocks rally.
US second-quarter economic growth data is also due this week, and a disappointing reading on what is expected to be a historic contraction could fuel further dollar weakness. The rush for bullion also dragged silver to a seven-year high above $26 an ounce before that also edged back.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How gold mining can enhance Nigeria's economy | Premium Times NigeriaExperts say husbanding resources in the mining sector would create millions of jobs and diversify foreign exchange earnings
Read more »
Federal High Court Gets New Practice Directions On Pre-Election MattersFederal High Court Gets New Practice Directions On Pre-Election Matters
Read more »
COVID-19: International organisation trains healthcare workers, provides PPEsHealthcare workers are vulnerable to the virus as they are first responders to patients.
Read more »
Oyo govt confirms 51 new COVID-19 cases as toll hits 2570 - Daily Post NigeriaOyo State government has confirmed it recorded fifty-one, 51 new cases of coronavirus on Sunday. The state Governor, Seyi Makinde, also listed the Local
Read more »
‘18 million Nigerians living with hepatitis’Director, National AIDS/STI Control Programme, Akudo Ikpeasu, says Nigeria has a very high burden of hepatitis virus. According to her, it is estimated that the country has about 18 million people …
Read more »
Coronavirus Fears Force Animal Sellers Online For Muslim FestivalCoronavirus Fears Force Animal Sellers Online For Muslim Festival
Read more »