Open Demo Account
Home / Market Update / Commodities / Gold Closes Near Three-Week Low

Gold Closes Near Three-Week Low

M. Ali 30 March, 2021 11:00 pm Commodities, Market Update

Gold futures declined on Tuesday for the second consecutive session, amid a strong rise by the U.S. Dollar (USD) and Treasury bond yields.

The yellow metal most actives contracts closed at their lowest level in nearly three weeks, breaking the $1,700 support level.

Gold futures for April delivery finished lower by $28.30, or 1.7%, at $1,683.90 per ounce.

Tags

Check Also

U.S. Futures Trade Mixed as Markets Balance Geopolitics, Oil Developments, and Key Economic Data Ahead

U.S. stock index futures traded without a clear direction on Wednesday, as investors weighed fast-moving …

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