Skip to main content

MoneyWorks4Me

Gold futures finish lower on vaccine progress

19 Nov 2020 Evaluate
Gold futures finished lower on Wednesday, marking second straight session loss as the risk appetite in the market with the optimism surrounding covid-19 vaccine developments dulled the safe haven bullion investments. Further, stronger dollar also weighed down the yellow metal rates.
            
Gold futures for December delivery slipped by $11.20 or 0.60% to settled at $1873.90 an ounce on the Comex division of the New York Mercantile. Spot gold was down 0.21% to $1,867.43 per ounce.