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The Tokyo Stock Exchange (TSE) closed out a volatile session capped by news of US President Donald Trump testing positive for the new coronavirus on Friday, a day after its worst-ever outage paralysed the world’s third-largest equity market.
Spot gold was up 0.5% at $1,915.34 per ounce by 0645 GMT, reversing losses from early Asian trade. US gold futures rose 0.3% to $1,922.20.
Base effect along with a rebound in domestic demand led major automobile players to report healthy year-on-year and sequential sales numbers for September. Dealers expect auto sales to boost further during the upcoming festival season.
The greenback gained about 0.6% on the risk-sensitive Australian dollar and the yen streaked ahead even further, gaining half a per cent on the dollar to a one-week high of 104.95, and rising more than 1% on the Aussie.
Al Obaid, Assistant Under-Secretary for Inspections at MoHRE, said dozens of awareness workshops at worksites and workers' cities had been conducted where multi-language educational pamphlets were distributed.
Younis Haji Al Khoori, Undersecretary of the Ministry of Finance (MoF), participated in a high-level G20 virtual forum titled ‘Enhancing Access to Opportunities in the Middle East (ME).’
Drydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors, held a steel-cutting ceremony to commence production on single point mooring buoy “Lekki SPM Project”
Spot gold was steady at $1,839.54 per ounce by 04:44 GMT, after slipping as much as 2.5% on Wednesday. US gold futures gained 0.2% to $1,843.00.
According to the Office for National Statistics, the country’s gross domestic product expanded 0.4% in October from a month earlier.
The NSE Nifty 50 index fell 0.91% to 13,405.65 by 0439 GMT, while the benchmark S&P BSE Sensex was down 0.81% at 45,729.27.