Open Demo Account
Home / Market Update / Commodities / Gold Closes Lower as USD Strengthens

Gold Closes Lower as USD Strengthens

M. Ali 26 March, 2021 1:14 am Commodities, Market Update

Gold prices declined on Thursday, as the U.S. Dollar (USD) rose against major rivals supported by the high Treasury bond yields and positive economic data.

The yellow metal futures for April delivery closed lower by $8.10, or 0.5%, at $1,725.10 per ounce.

Gold has now given up all of its yesterday’s gains, which followed two consecutive declines.

Tags

Check Also

Bitcoin sinks below $90,000 as Fed uncertainty and data backlog sap risk appetite

Bitcoin slid to its lowest level in nearly seven months on Tuesday, breaking below the …

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