Open Demo Account
Home / Market Update / Commodities / Gold Rally Continues Near $2,050 per Ounce

Gold Rally Continues Near $2,050 per Ounce

M. Ali 5 August, 2020 10:37 pm Commodities, Market Update

Gold prices rose on Wednesday reaching another record high level on the back of increased demand for the previous metal.

Gold futures for December delivery added $28.30 or 1.4% and settled at $2,049.30 per ounce.

The yellow metal has now gained about 34% since the beginning of 2020.

Tags

Check Also

Oil Climbs Over 1% as OPEC+ Holds Output Steady and Geopolitical Risks Mount

Oil prices rose more than 1% in Asian trading on Monday, supported by OPEC+’s decision …

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