Home / Market Update / Commodities / Gold Closes Lower for Second Day in Row

Gold Closes Lower for Second Day in Row

Gold prices plunged on Tuesday, falling for the second consecutive session for the first time in about two weeks.

Moreover, the yellow metal futures saw their biggest decline since the beginning of the month, amid a positive performance by the US Dollar (USD).

Gold futures for February delivery decreased by $12.50, or 0.6%, to close at $1,870.30 per ounce.

Check Also

Australian Dollar Recovers; Retail Sales and RBA Minutes in Focus

The Australian dollar (AUD) began the week with a notable rebound, halting a six-day decline …