Open Demo Account
Home / Market Update / Commodities / Gold Finishes Second Session of New Year Higher

Gold Finishes Second Session of New Year Higher

M. Ali 5 January, 2021 11:37 pm Commodities, Market Update

The gold rally continued on Tuesday with strong gains on the second session of 2021, amid increased demand amid concerns about the rising number of new Coronavirus cases in many countries.

Gold futures for February delivery rose by $7.8, or 0.4%, to settle at $1,954.4 per ounce.

On Monday, the yellow metal futures finally restored the $1,900 mark, after closing higher by $51.5, or 2.7%, to close at its highest level since early November.

Tags

Check Also

Wall Street Retreats from Record Highs as U.S.-Iran Brinkmanship Threatens Ceasefire and Oil Supply

Key Takeaways: Equities pull back: The S&P 500 and Nasdaq opened lower, retreating from last …

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