Open Demo Account
Home / Market Update / Commodities / Gold Rises For First Time This Week

Gold Rises For First Time This Week

M. Ali 25 September, 2020 12:23 am Commodities, Market Update

Gold prices rose on Thursday after three consecutive declines, amid higher demand for safe havens in light of uncertainties.

In addition, the US Dollar (USD) is reversing a portion of its recent gains, moving in the negative territory.

Gold futures for December delivery closed higher by $8.50, or 0.5%, at $1,876.90 per ounce.

Tags

Check Also

Dollar Slips as Hormuz Clashes Meet Peace Hopes: Markets on Edge Ahead of Pivotal U.S. Jobs Report

Key Takeaways Dollar softens: The U.S. Dollar Index slipped 0.1% in European trading at 08:49 …

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