Open Demo Account
Home / Market Update / Commodities / Gold Finishes Lower as USD Rises Across the Board

Gold Finishes Lower as USD Rises Across the Board

M. Ali 13 August, 2021 4:03 am Commodities, Market Update

Gold prices closed lower on Thursday, as the U.S. Dollar (USD) edged higher after data showed another decline in jobless claims and an increase in producer prices.

Gold front-month futures declined by $1.40, or 0.08%, to finish at $1,749.00 per ounce, snapping a two-session rising streak.

Tags

Check Also

Geneva framework: Will Trade Deals Dodge Looming Tariff Storm?

The U.S. dollar surged on news of advancing trade talks, particularly with China. U.S. Commerce …

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