Open Demo Account
Home / Market Update / Commodities / Gold Prices Restore $2,000 per Ounce Level

Gold Prices Restore $2,000 per Ounce Level

M. Ali 18 August, 2020 11:59 pm Commodities, Market Update

Gold prices closed higher on Tuesday, maintaining its rising trend amid a decline by the U.S. Dollar.

Gold futures for December delivery settled higher by $14.40 or 0.7% at $2,012.10 per ounce, restoring the $2,000 level.

This comes after the yellow metal opened the week with its best daily gains in roughly four months.

Meanwhile, silver futures for September delivery increased by 1.5% and finished at $28.075 per ounce.

Tags

Check Also

U.S. Jobless Claims Rise More Than Expected, Testing Labor Market Resilience After Fed Rate Cut

U.S. initial jobless claims climbed more than expected last week, breaking from the prior week’s …

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