February 3, 2021 6:52 AM PST
Gold Price Update
Gold prices rose on Monday, recovering from a
sharp decline in the previous session, as investors hoped that a
massive economic stimulus would be passed soon in the United States to
revive the world's largest economy.To get more news about [url=https://www.wikifx.com/]WikiFX[/url], you can visit wikifx official website.
Spot
gold rose 0.3% to $1,858.57 per ounce by 0039 GMT, having slipped 0.9%
in the previous session. U.S. gold futures were little changed at
$1,856.60.
Demand for physical gold picked up last week as the approaching Chinese New Year encouraged buyers in China and Singapore.
Silver gained 0.9% to $25.61 an ounce, platinum rose 0.6% to $1,105.06, and palladium added 0.1% to $2,355.83.
Gold prices held steady on Wednesday ahead of the U.S. Federal
Reserve's monetary policy decision due later in the day and as investors
awaited a stimulus package in the world's largest economy.
Spot gold was little changed at $1,849.76 per ounce by 0031 GMT. U.S. gold futures eased 0.1% to $1,848.60.
Silver was flat at $25.43 an ounce, platinum rose 0.1% to $1,099.68, and palladium gained 0.1% at $2,326.30.
Gold Price Update
Gold prices rose on Monday, recovering from a
sharp decline in the previous session, as investors hoped that a
massive economic stimulus would be passed soon in the United States to
revive the world's largest economy.To get more news about [b][url=https://www.wikifx.com/]WikiFX[/url][/b], you can visit wikifx official website.
Spot
gold rose 0.3% to $1,858.57 per ounce by 0039 GMT, having slipped 0.9%
in the previous session. U.S. gold futures were little changed at
$1,856.60.
Demand for physical gold picked up last week as the approaching Chinese New Year encouraged buyers in China and Singapore.
Silver gained 0.9% to $25.61 an ounce, platinum rose 0.6% to $1,105.06, and palladium added 0.1% to $2,355.83.
Gold prices held steady on Wednesday ahead of the U.S. Federal
Reserve's monetary policy decision due later in the day and as investors
awaited a stimulus package in the world's largest economy.
Spot gold was little changed at $1,849.76 per ounce by 0031 GMT. U.S. gold futures eased 0.1% to $1,848.60.
Silver was flat at $25.43 an ounce, platinum rose 0.1% to $1,099.68, and palladium gained 0.1% at $2,326.30.