Open Demo Account
Home / Market Update / Commodities / Gold Posts Third Weekly Decline

Gold Posts Third Weekly Decline

M. Ali 30 October, 2020 11:28 pm Commodities, Market Update

Gold prices rose on Friday to limit its third consecutive weekly decline, amid uncertainty that is dominating the market.

Gold futures for December delivery rose by $11.90, or 0.6%, and settled at $1,879.90 per ounce, its lowest closing level since September 25.

For the week, gold futures posted a 1.3% decline, falling for the third weekly decrease in a row.

Tags

Check Also

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely …

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