News of Coronavirus Vaccine Raises Oil

News of Coronavirus Vaccine Raises Oil. Demands of increased demand increased after the US Central Bank (Fed) President Jerome Powell said, "We have no limits in supporting the economy." Gold prices, which have seen the highest level since January 2012, fell to $ 1,740 with developments, with the port demand starting to increase, exceeding $ 1,769 per ounce. With the developments, the price of barrels of Brent oil rose 6.01 percent to $ 34.68, and the price of US West Texas light oil barrel rose 7.33 percent for the first time in a long time, exceeding $ 30 and $ 32.04. In global commodity markets; - silver, $ 17.12, up % 2.78 percent, - gold, $ 1,743.81, up % 0.02 percent, - copper is $ 5,185.50, down % 1.80 percent, - platinum is $ 821.95, up % 3.61 percent - Palladium was $ 1.990.54, up % 6.01 percent. In the domestic market, gram gold dropped to 385 lira, quarter gold to 632 lira, and Republican gold to 2.519 lira. In the assessment of Famous Securities titled "Ons carries gold gains forward", "Although global markets are starting the new week in a moderate tone, besides the tension between the USA and China, the concerns about the economy remain valid and especially in the USA and the Euro Area in this context. The fact that more support for the economy is constantly on the agenda is reflected positively on the precious metals, while downside risks in economies are high, while the Fed's negative interest rates are not particularly favorable, but it is especially strong purchases in the gold. We think that the upward trend in the short term will gain strength towards $ 1800 ".