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

ECB Divided on Inflation Risks as Eurozone Economy Slows

The European Central Bank found itself at a crossroads during its October meeting, with policymakers …