Home / Market Update / Commodities / Gold Narrows Down Monthly Decline

Gold Narrows Down Monthly Decline

Gold prices rose on Monday, supported by the US Dollar’s decline, however, it finished lower for the month.

The yellow metal futures for December delivery settled higher by $3.70, or 0.2%, at $1,978.60 per ounce.

On a monthly basis, the precious metal lost about 0.4% during the month of August.

Check Also

French Lecornu’s Resignation Casts Its Repercussions on Euro, European Economy

In a sudden political shock that cast heavy shadows over global financial markets, French Prime …