Open Demo Account
Home / Market Update / Commodities / Gold Settles Lower with 2.1% Weekly Loss

Gold Settles Lower with 2.1% Weekly Loss

M. Ali 5 September, 2020 12:07 am Commodities, Market Update

Gold prices declined on Friday for the third consecutive day, turning to weekly losses.

Gold futures for December delivery closed lower by $3.50, or 0.2%, at $1,934.30 per ounce.

This is the lowest closing level for the yellow metal futures since August 27, logging a 2.1% weekly decrease.

Meanwhile, silver futures for December delivery fell by 16 cents, or 0.6%, and finished at $26.712 per ounce, falling by 3.3% for the week.

Tags

Check Also

U.S. Futures Turn Higher on Reports Iran May Seek Peace Talks

U.S. stock index futures moved higher on Wednesday, reversing earlier losses after reports suggested that …

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