Home / Market Update / Commodities / Gold Records First Weekly Decline in a Month

Gold Records First Weekly Decline in a Month

Gold prices rose on Thursday for the second consecutive session, ahead of the Christmas holiday.

On a weekly basis, the yellow metal futures registered its first fall in four weeks, after three rises in a row.

Gold futures for February delivery gained $5.10, or 0.3%, and closed at the level of $1,883.20 per ounce.

For the week, gold futures declined by 0.3%.

Check Also

Is China Withdrawing From US Treasuries?

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, …