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Gold futures hit their highest settlement in two weeks on the back of a weaker US dollar, MarketWatch reported.
Gold futures hit their highest settlement in two weeks on the back of a weaker US dollar, MarketWatch reported.
As quoted in the publication:
February gold rose $15.60, or 1.5%, to settle at $1,080.60 an ounce. That marks gold’s highest settlement since Dec. 4, when gold prices closed at $1,084.10 an ounce.
Gold is attempting to snap a streak of consecutive weekly declines in a holiday-shortened week that closes early Thursday and is capped by Christmas, when most global markets will be closed.
Click here for the full article.
For more information on the gold price, see A Brief Overview of the Gold Price Today.
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