Open Demo Account
Home / Market Update / Commodities / Gold Closes Higher as USD Declines

Gold Closes Higher as USD Declines

M. Ali 10 September, 2020 11:48 pm Commodities, Market Update

Gold prices rose on Thursday for the third consecutive session as the US Dollar (USD) continued to decline amid the appreciation of the Euro after the European Central Bank maintained interest rates unchanged.

Gold futures for December delivery increased by $9.40, or 0.5%, and settled at $1,964.30 per ounce.

Meanwhile, silver December futures increased by 21 cents, or 0.8%, and closed at $27.291 per ounce.

Tags

Check Also

Are Geopolitical Wins Enough to Boost Investor Confidence on Wall Street?

Wall Street kicked off the trading day with a mixed performance, as investors braced for …

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