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Gold Closes with Biggest Losses in Two Weeks

M. Ali 24 November, 2020 1:23 am Commodities, Market Update

Gold prices declined on Monday, registering its biggest daily decline in about two weeks.

This comes as positive news about a number of Coronavirus vaccine candidates are spurring risk appetite and reducing demand for safe havens.

Gold futures for December delivery decreased by $36.40, or 1.8%, and settled at $1,837.8 per an ounce.

Meanwhile, silver futures for December delivery declined by 73 cents, or 3%, to finish at $23.633 per ounce.

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