Open Demo Account
Home / Market Update / Commodities / Gold Limits Weekly Decline to 3%

Gold Limits Weekly Decline to 3%

M. Ali 13 November, 2020 11:06 pm Commodities, Market Update

Gold prices rose on Friday, recovering some of its losses earlier in the week that saw the announcement of the success of a new Coronavirus vaccine being developed by Pfizer and BioNTech.

Gold futures for December delivery rose by $12.90, or 0.7%, and settled at $1,886.20 per ounce.

For the week, the yellow metal recorded a weekly loss of more than 3%.

Tags

Check Also

Weekly market wrap: geopolitical tensions, US Economic data ahead of Fed’s decision

Last week witnessed significant developments on the geopolitical front, alongside key indicators of U.S. economic …

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