Open Demo Account
Home / Market Update / Commodities / Gold Prices Down for Third Day in Row

Gold Prices Down for Third Day in Row

M. Ali 19 November, 2020 11:03 pm Commodities, Market Update

Gold prices continued to decline on Thursday for the third consecutive session, as the US Dollar (USD) rose against major currencies.

Positive news about a Coronavirus vaccine and fears about renewed lockdown measures against a new wave of the pandemic seem to be balancing out with the rise of the greenback leading to the yellow metal decline.

Gold futures for December delivery lost $12.40, or 0.7%, and finished at $1,861.50 per ounce.

Tags

Check Also

Crude Rises as Peace Talks Collapse and Macron’s Warning Rekindles Geopolitical Risk

Oil prices climbed on Friday, lifted by geopolitical shocks that overshadowed otherwise bearish supply signals. …

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