Gold futures extend gains

Gold futures extend gains
Highlights

Gold futures on the COMEX division of the New York Mercantile Exchange closed higher on Thursday as the US dollar and stocks went down.

Gold futures on the COMEX division of the New York Mercantile Exchange closed higher on Thursday as the US dollar and stocks went down.


The most active gold contract for December delivery advanced $22.30 (1.97 percent) to settle at $1,153.80 per ounce. This was the highest settlement since August 21, Xinhua news agency reported.

Analysts said dollar-dominated gold edged higher as US dollar went down against other major currencies.

As for other metals on the COMEX, silver for December delivery added 34.10 cents (2.31 percent) to close at $15.13 per ounce.

Platinum for October delivery gained $23.40 (2.51 percent) to close at $955.80 per ounce.
Show Full Article
Download The Hans India Android App or iOS App for the Latest update on your phone.
More Stories


Top