Home / Market Update / Commodities / Gold Futures Rise and Head to Weekly Gains

Gold Futures Rise and Head to Weekly Gains

Gold prices rose on Thursday to its highest closing level in about two weeks, amid the decline of the US Dollar (USD).

Gold futures for December delivery increased by $20.80, or 1.1%, and closed at $1,916.30 per ounce, its highest finish since September 18.

The yellow metal is now heading to a 2% rise.

In September, gold lost 4.2%, however, it posted a 5.3% rise during the third quarter (Q3) of 2020.

Check Also

How Have US Stocks Reacted After Trump’s Win?

Certain stocks have been disappointed by Trump’s election-related gains; Tesla has lost 4.5% of its …