Home / Market Update / Commodities / Gold Finishes Lower After Nearing $1,900

Gold Finishes Lower After Nearing $1,900

Gold prices ended Monday lower, opening the week with a negative performance after rising earlier in the first session of the week following Christmas.

The decline of gold prices comes as the US Dollar (USD) is showing some rebound sings, despite the passing of a new stimulus package.

Gold futures for February delivery declined by $2.80, or 0.1%, to close at $1,880.40 per ounce.

Last week, the yellow metal registered a 0.3% decline, for the first time in four weeks.

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …