Home / Market Update / Commodities / Gold Rises for Second Day in Row

Gold Rises for Second Day in Row

Gold prices rose for the second consecutive session, supported by positive news about a new stimulus package in the United States.

Gold futures for February delivery gained $11.30, or 0.6%, and closed at $1,830.20 per ounce.

The back-to-back gains come after a strong correction wave for the yellow metal, and as the US Dollar (USD) continues to fall across the board.

Check Also

Bank of England Faces “Very Difficult” Rate Decisions Amid Middle East Energy Shock

Key Takeaways: Measured approach: Governor Andrew Bailey confirmed the central bank will not rush into …