Brokers Raise Margins Amid Gold and Oil Volatility in MENA Markets
Gold and oil markets surged amid rising Middle East tensions, prompting brokers across the MENA region to adjust margin requirements and trading conditions.
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Gold & Silver Updates
Abstract：Gold drops, silver tumbles after U.S. jobs growth tops estimates.
Gold extended its slump in early Asian trading, and silver tumbled, after a stronger-than-expected U.S. jobs report fueled expectations that the Federal Reserve may start paring back massive monetary stimulus soon.
Bullion fell more than 4% before trading 2.4% lower at $1,720.78 an ounce. Silver slumped as much as 7%. Data on Friday showed U.S. employers added the most jobs in nearly a year and the unemployment rate declined faster than forecast.
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Gold crashes 21%!!!
For the past few years, gold has been riding a seemingly never-ending trend, and recently silver has decided to join the race, and both of these assets made headlines across the world because of how well they were performing.
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