Open Demo Account
Home / Market Update / Commodities / Gold Records Second Consecutive Weekly Decline

Gold Records Second Consecutive Weekly Decline

M. Ali 22 August, 2020 12:32 am Commodities, Market Update

Gold prices rose on Friday, narrowing its weekly losses for the second week in a row.

This comes amid the US Dollar recovering some of its recent losses after falling to its lowest level in two years.

Gold futures marginally rose by 50 cents, or about 0.1%, and finished at $1,947 per ounce, falling by 0.1% for the week.

Tags

Check Also

Wall Street Finds Relief as Inflation Data Meets Expectations

Wall Street ended the week on a positive note after fresh U.S. inflation data reassured …

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