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

Gold Settles Lower but Keeps $1,800-Level

M. Ali 15 July, 2020 12:04 am Commodities, Market Update

Gold prices declined on Tuesday, but recovered from most of its earlier losses and maintained the $1,800 per ounce level.

Demand for gold as a safe haven supported the yellow metal, with rising concerns regarding the COVID-19 pandemic and the economic recovery progress.

Gold futures for August delivery lost 70 cents, or 0.04%, and settled at $1,813.4 per ounce.

Tags

Check Also

ExxonMobil

Oil Giants ExxonMobil and Chevron Face Profit Plunge as Crude Prices Tank

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven 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