Home / Market Update / Commodities / Gold Finishes Lower Amid Coronavirus Skepticism

Gold Finishes Lower Amid Coronavirus Skepticism

Gold prices decline on Monday, as the US Dollar (USD) rose across the board on concerns about a new variant of the coronavirus.

Gold futures for February delivery decreased by $6.10, or 0.3%, to finish at $1,882.80 per ounce.

The yellow metal failed to gain enough support from the recently approved stimulus package by the United States Congress.

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …