Open Demo Account
Home / Market Update / Commodities / Gold Settles at Lowest Level in Week

Gold Settles at Lowest Level in Week

M. Ali 13 April, 2021 12:00 am Commodities, Market Update

Gold prices declined on Monday, opening the week with a negative performance amid a rise by the U.S. Dollar (USD) and Treasury bond yields.

Gold futures for June dropped by $12.10, or 0.7%, to finish at $1,732.70 per ounce.

This is the lowest closing level for the yellow metal most active contracts in about a week, since April 5, abolishing most of its gains of last week.

Tags

Check Also

What could looming Fed’s rate cut mean for investors?

The Federal Reserve’s impending interest rate cut is a complex event with far-reaching implications for …

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