Open Demo Account
Home / Market Update / Commodities / Gold Re-Approaches $2,000 Level

Gold Re-Approaches $2,000 Level

M. Ali 17 August, 2020 10:17 pm Commodities, Market Update

Gold prices increased on Monday, maintaining its renewed upward trend with the highest daily rise since April 22, supported by the rising demand on safe havens.

Gold futures for December delivery closed higher by $48.90 or 2.5% at $1.998.70 per ounce.

A mostly-negative performance by the U.S. Dollar helped the yellow metal extend its gains.

Tags

Check Also

Where US Economy Stands Prior To Election Results

As voters prepare to choose the next president, the U.S. economy is, by most measures, …

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