Open Demo Account
Home / Market Update / Commodities / Gold Maintains Gains as USD Weakens

Gold Maintains Gains as USD Weakens

M. Ali 10 September, 2020 12:00 am Commodities, Market Update

Gold prices rose on Wednesday for the second consecutive day supported today by a decline in the US Dollar (USD) amid a rebound by the Euro ahead of the European Central Bank’s (ECB) upcoming meeting.

Gold futures for December delivery increased by $11.70, or 0.6%, and settled at $1,954.90 per ounce.

Meanwhile, silver futures for December delivery closed higher by 9 cents, or 0.3%, at $27.083 per ounce.

Tags

Check Also

Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure

Oil prices fell in Asian trade on Thursday, extending losses from the previous session as …

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