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

Gold Rises for Second Day in Row

M. Ali 3 December, 2020 12:25 am Commodities, Market Update

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.

Tags

Check Also

Ascent Above $4,200: Rate Cut Anticipation and Geopolitical Fear Drive Gold’s Historic Surge

Gold is currently undergoing an explosive and historic rally, trading firmly above the $4,200 mark, …

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