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Gold Returns to Decline Even as USD Rebound Stops

M. Ali 13 January, 2021 1:00 am Commodities, Market Update

Gold prices declined on Tuesday, giving up gains seen earlier in the second session of the week.

The downward trend of the yellow metal continues even as the U.S. Dollar (USD) is returning to the negative territory.

Gold futures for February delivery lost $6.60, or 0.4%, to close at $1,844.20 per ounce.

Meanwhile, silver futures for March delivery gained 15.1 cents, or 0.5%, to finish at $25.435 per ounce.

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