Open Demo Account
Home / Market Update / Commodities / Gold Settles Marginally Higher

Gold Settles Marginally Higher

M. Ali 15 July, 2020 11:45 pm Commodities, Market Update

Gold prices increased on Wednesday, supported by a decline by the US Dollar (USD), and investors seeking safe havens.

However, the yellow metal gains were capped by the stock markets rise due to positive sentiments surrounding news about positive results for a COVID-19 vaccine.

Gold futures for August delivery rose by 40 cents, or 0.02%, to settle at $1,813.8 per ounce.

Spot gold is currently trading at 1,811.06, up by 0.20%.

Tags

Check Also

Financial Markets’ Weekly Recap: Traders closely watch Fed’s signals

In this report, we take a look back at the latest five trading days with …

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