Home / Market Update / Commodities / Gold Settles Lower but Maintains $1,800-Level

Gold Settles Lower but Maintains $1,800-Level

Gold prices settled lower on Thursday, as the US Dollar strengthened and was supported by strong economic data.

Gold futures for August delivery decreased by about 1% or $16.80 and closed at $1,803.80 per ounce, maintaining the $1,800-level.

On Wednesday, the precious metal futures closed at their highest level since mid-September 2011.

Check Also

Gold Prices Retreat After Soaring Past $3,130 as Manufacturing Stumbles

Gold prices are down -0.52%, trading around $ 3,107 per ounce, at the time of …