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

Gold Futures Rise and Head to Weekly Gains

M. Ali 2 October, 2020 12:51 am Commodities, Market Update

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.

Tags

Check Also

Gold Prices Dip as U.S.-Japan Trade Deal Eases Risk Concerns, But Market Uncertainty Persists

Gold prices experienced a slight pullback on Wednesday, retreating marginally from the strong gains seen …

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