Open Demo Account
Home / Market Update / Commodities / Gold Settles Higher Amid Stimulus Hopes

Gold Settles Higher Amid Stimulus Hopes

M. Ali 16 December, 2020 11:37 pm Commodities, Market Update

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.

Tags

Check Also

Warsh Confirmed as Fed Chair: A New Era of Interest Rate Power, Political Pressure, and Market Uncertainty

The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve …

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