Home / Market Update / Commodities / Gold Settles Higher Amid Stimulus Hopes

Gold Settles Higher Amid Stimulus Hopes

Gold prices rose on Wednesday, amid anticipation for a new stimulus package in the United States.

The yellow metal futures for February delivery rose by $3.80, or 0.2%, to close at $1,859.10 per ounce.

This is the highest closing level for gold futures since December 8.

Check Also

China’s Central Bank Halts Treasury Bond Purchases Amid Currency Concerns

China’s central bank, the People’s Bank of China (PBOC), announced on Friday the suspension of …