Open Demo Account
Home / Market Update / Commodities / Gold Settles Lower but Maintains $1,800-Level

Gold Settles Lower but Maintains $1,800-Level

M. Ali 10 July, 2020 12:17 am Commodities, Market Update

Gold prices settled lower on Thursday, as the US Dollar strengthened and was supported by strong economic data.

Gold futures for August delivery decreased by about 1% or $16.80 and closed at $1,803.80 per ounce, maintaining the $1,800-level.

On Wednesday, the precious metal futures closed at their highest level since mid-September 2011.

Tags

Check Also

Gold Hits Record High as Yen Weakens and U.S. Rate Cut Bets Rise

Gold prices surged to fresh record highs in early Asian trading on Monday, supported by …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends