Open Demo Account
Home / Market Update / Commodities / Gold Closes on Marginal Gains

Gold Closes on Marginal Gains

M. Ali 16 October, 2020 2:18 am Commodities, Market Update

Gold prices returned to gains on Thursday, amid increased demand for safe havens amid uncertainty.

The rise in the yellow metal prices came despite the US Dollar’s (USD) gains.

Gold futures for December delivery rose by $1.60, or 0.08%, and settled at $1,908.90 per ounce.

Since the beginning of the week, the precious metal futures decreased by 0.9%.

Tags

Check Also

Why the Fed Is Keeping Its Guard Up in 2026

Despite easing price pressures, senior Federal Reserve officials are making it clear that the inflation …

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