Gold settles at $1,985, records best monthly gain since 2016
Gold price has gained about 30% so far in 2020.
Gold price has gained about 30% so far in 2020.
Apple Inc's Q3 revenue smashed Wall Street forecasts in spite of COVID-19 restrictions.
The low volatility in Brent crude was largely attributed to many oil traders staying on the sidelines.
The U.S Fed is expected to strike a dovish stance at its policy scheduled today.
Brent crude futures gained 1.46% while West Texas Intermediate (WTI) rose 0.91% to trade at $41.81.
OPEC+ meeting and a big draw in US crude and product inventories helped oil recover
The European Central Bank sees monetary stimulus in Europe to be necessary in the short term.
Gold still targets $1,831, as it has broken a resistance at $1,796 per ounce.
The U.S. Dollar Index tracks the American dollar against a basket of other major currencies.
Global investors and currency traders are predicting futuristic gains for the greenback.