Open Demo Account
Home / Market Update / Commodities / Gold Settles at Highest Level in Three Weeks

Gold Settles at Highest Level in Three Weeks

M. Ali 9 December, 2020 1:24 am Commodities, Market Update

Gold prices rose on Tuesday for the second consecutive session, amid the decline in the US treasury yields and despite a rise by the US Dollar (USD) and renewed hopes for a new government stimulus package in the United States.

Gold futures for February delivery added $8.90, or 0.5%, and closed at $1,874.90 per ounce.

This is the highest closing level for the yellow metal most active futures since November 17.

Tags

Check Also

Goolsbee Lauds September’s Jobs Report

Interviewed at Bloomberg, Chicago Fed President Austan Goolsbee said on Friday that he considered the latest …

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