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

EU Vows Retaliation Against Trump’s Metal Tariffs

The European Union (EU) has vowed to respond to the 25% tariffs announced by President …