Home / Market Update / Commodities / Gold Posts Third Weekly Decline

Gold Posts Third Weekly Decline

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.

Check Also

Post NFP: Is the Swiss Franc’s Rally Exposing a Deeper Flaw in the US Economy?

For years, the US dollar has been the dominant force in global finance. Yet, its …