Open Demo Account
Home / Market Update / Commodities / Gold Finishes Higher as USD Declines

Gold Finishes Higher as USD Declines

M. Ali 19 October, 2020 11:49 pm Commodities, Market Update

Gold prices rose on Monday, opening the week with a positive performance amid uncertainties that supported demand for safe havens.

In addition, a decline by the US Dollar (USD) supported the gains of the yellow metal.

Gold futures for December delivery closed higher by $5.30, or 0.3%, at $1,911.70 per ounce.

Tags

Check Also

Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure

Oil prices fell in Asian trade on Thursday, extending losses from the previous session as …

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