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

Treasury Yields Surge as Strong Jobs Report Revives Fed Rate-Hike Expectations

U.S. Treasury yields jumped sharply on Friday after a surprisingly strong employment report reinforced expectations …