Home / Market Update / Commodities / Gold Settles Above $1,900 an Ounce

Gold Settles Above $1,900 an Ounce

Gold prices increased on Tuesday for the second consecutive session, restoring the $1,900 per ounce mark.

The yellow metal gains were supported by the US Dollar (USD) decline.

Gold futures for December delivery gained $20, or 1.1%, and settled at the level of $1,903.20 per ounce.

Check Also

Market Drivers – US Session: USD Gains Ground Ahead of FOMC Minutes

The US Dollar (USD) gained ground on Tuesday as market participants adopted a cautious stance …