Home / Market Update / Commodities / Gold Narrows Down Monthly Decline

Gold Narrows Down Monthly Decline

Gold prices rose on Monday, supported by the US Dollar’s decline, however, it finished lower for the month.

The yellow metal futures for December delivery settled higher by $3.70, or 0.2%, at $1,978.60 per ounce.

On a monthly basis, the precious metal lost about 0.4% during the month of August.

Check Also

The AI Surge: A Genuine Treasure or a Deceptive Modern Bubble?

The artificial intelligence (AI) sector is witnessing a frenzy following a number of massive deals …