Open Demo Account
Home / Market Update / Commodities / Gold Prices Declines Following Fed Statement

Gold Prices Declines Following Fed Statement

M. Ali 17 September, 2020 11:55 pm Commodities, Market Update

Gold prices declined on Thursday after the Federal Reserve expressed intentions to maintain interest rates near 0% until 2023.

Gold futures for December delivery declined by $20.60, or 1.1%, and finished at $1,949.90 per ounce.

Meanwhile, silver futures for December delivery closed lower by 38 cents, or 1.4%, at $27.10 per ounce.

Tags

Check Also

Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near …

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