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Gold Settles Higher as USD Weakens

M. Ali 14 September, 2020 11:18 pm Commodities, Market Update

Gold prices rose on Monday amid a decline by the US Dollar and the Treasury Yields, and despite a rise in stock markets amid an improved risk appetite.

Gold futures for December delivery finished higher by $15.80, or 0.8%, at $1,963.70 per ounce.

As for silver futures, the December contracts increased by 50 cents, or 1.9%, and closed at $27.355 per ounce.

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