Open Demo Account
Home / Market Update / Commodities / Gold Falls to Lowest Level in Two Months

Gold Falls to Lowest Level in Two Months

M. Ali 24 September, 2020 12:38 am Commodities, Market Update

Gold prices declined on Wednesday, losing the $1,900 per ounce level, as the US Dollar (USD) maintained its rising trend.

Gold futures for December delivery decreased by $39.20, or 2.1%, to close at $1,868.40 per ounce, its lowest closing level since July 22.

The Dollar index (DXY), which measures the performance of the USD against a basket of six major currencies, is up by 0.43% for the day at 94.40.

Tags

Check Also

Sterling Treads Water Ahead of Key UK Data That Could Shape BoE Rate Outlook

The British pound struggled to find clear direction on Monday against both the U.S. dollar …

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