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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.

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