Home / Market Update / Commodities / Gold Rally Continues Near $2,050 per Ounce

Gold Rally Continues Near $2,050 per Ounce

Gold prices rose on Wednesday reaching another record high level on the back of increased demand for the previous metal.

Gold futures for December delivery added $28.30 or 1.4% and settled at $2,049.30 per ounce.

The yellow metal has now gained about 34% since the beginning of 2020.

Check Also

Gold Rises as Trump Tariff Ruling Offsets China Trade Optimism; CPI Data Eyed

Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a …