Open Demo Account
Home / Market Update / Commodities / Gold Prices Reverse Earlier Losses to Settle Higher

Gold Prices Reverse Earlier Losses to Settle Higher

M. Ali 8 September, 2020 11:31 pm Commodities, Market Update

Gold prices rose on Tuesday, recovering from earlier losses to close at its highest level in about a week.

The rise in the yellow metal prices came amid the decline in stock markets.

Gold futures for December delivery increased by 0.31% or $8.90 and closed at $1,943.20 per ounce.

Earlier today, the precious metal was trading as low as $1,911.70 an ounce.

This is the highest closing level for gold futures since Wednesday, September 2.

Tags

Check Also

Bitcoin Slips Below $88,000 as Traders Turn Cautious Ahead of Key U.S. Data; Strategy Pauses Buying

Bitcoin fell on Tuesday, snapping a short-lived rebound as investors stayed defensive toward cryptocurrencies ahead …

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