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

Gold Rally Continues Near $2,050 per Ounce

M. Ali 5 August, 2020 10:37 pm Commodities, Market Update

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.

Tags

Check Also

European Stocks Stumble as Fed’s 85% December Hike Bet Crushes Iran Peace Euphoria: Energy Giants Drag as Oil Slides

Key Takeaways Stoxx 600 opens lower: The pan-European index dipped 0.2%; FTSE 100 fell 0.5%, …

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