Home / Market Update / Commodities / Gold Finishes Higher for Second Day

Gold Finishes Higher for Second Day

Gold prices rose on Monday for the second consecutive session, amid increasing uncertainty about the second wave of the COVID-19 pandemic and the US elections.

The yellow metal futures for December delivery closed higher by $12.60, or 0.7%, at $1,892.50 per ounce.

This comes after gold futures recorded an 0.8% decline last month.

Check Also

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely …