The US dollar fell sharply on Thursday (May 28), and the risk appetite dragged the US dollar index to its lowest level in nearly two months; boosted by the EU ’s 750 billion euro economic revitalization plan, the euro rose for the third day in a row, refreshing since March 30 The high reached 1.1093; spot gold closed at 1718.33 US dollars per ounce, rebounding more than 10 US dollars from the daily low. The lower US dollar and the tight geographical situation supported the gold price. Oil prices have risen by more than 2%, and investors are not worried about the increase in US crude oil inventories, focusing on the preliminary signs of a rebound in demand and the reduction in oil-producing countries.
In terms of commodity closings, the price of gold futures delivered on the New York Mercantile Exchange in August rose by $ 1.50, or 0.1%, to close at $ 1728.30 per ounce. West Texas Intermediate Crude Oil (WTI) futures delivered on the New York Mercantile Exchange in July rose by $ 1.09, or 3.3%, and the settlement price was reported at $ 33.90 per barrel; the Brent crude oil futures delivered by the London Intercontinental Exchange in August rose 0.88 The dollar was up 2.5%, and the settlement price was reported at $ 36.33 per barrel.
The three major U.S. stock indexes closed late in the collective dive. The S & P 500 index closed down 6.40 points, or 0.21%, at 3029.73 points; the Nasdaq index closed down 43.40 points, or 0.46%, at 9368.99 points; 147.60 points, a decrease of 0.58%, to 25400.64 points.