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Gold Prices Decline and Silver Falls for Eight-Year High

M. Ali 3 February, 2021 1:57 am Commodities, Market Update

Gold prices decline on Tuesday, as the U.S. Dollar (USD) rose across the board against major currencies.

The yellow metal futures for April delivery lost $30.50, or 1.6%, to close at the level of $1,833.40 per ounce.

Meanwhile, silver futures lost all of their Monday gains, which helped it rise to its highest level since 2013, and ended Tuesday in decline.

Silver futures for March delivery fell by $3.02, or 10.3%, and finished at $26.402 per ounce.

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