Open Demo Account
Home / Market Update / Commodities / Gold Settles at Fresh Month-Low

Gold Settles at Fresh Month-Low

M. Ali 30 October, 2020 12:00 am Commodities, Market Update

Gold prices declined on Thursday for the second consecutive session, as the US Dollar (USD) rally continued supported by strong economic growth during the third quarter of the year.

Gold futures for December delivery fell by $11.20, or 0.6%, and finished at $1,868 per ounce, its lowest closing level since September 25.

Meanwhile, silver futures for December delivery remained nearly unchanged at $23.36 per ounce.

Tags

Check Also

Post NFP: Is the Swiss Franc’s Rally Exposing a Deeper Flaw in the US Economy?

For years, the US dollar has been the dominant force in global finance. Yet, its …

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