Open Demo Account
Home / Market Update / Commodities / Gold Finishes on Modest Losses

Gold Finishes on Modest Losses

M. Ali 27 April, 2021 11:09 pm Commodities, Market Update

Gold prices finished lower on Tuesday, amid anticipation for the outcomes of the Federal Reserve policy meeting.

Positive performance by the U.S. Dollar (USD), supported by a surge in consumer confidence to a 14-month high, led to lower demand for safe-havens.

Gold futures for June delivery closed lower by $1.30, or 0.1%, at $1,778.80 per ounce.

Meanwhile, silver futures for May delivery rose by 20 cents, or 0.8%, to finish at $26.41 per ounce.

Tags

Check Also

Canada’s Economy Rebounds in Q3 With 2.6% Annualized Growth

Canada’s economy returned to growth in the third quarter, expanding at a stronger-than-expected 2.6% annualized …

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