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Gold prices settle lower after sharpest daily rise in over a decade


Thursday, 26 March 2020 01:23 WIB

GOLD


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Gold prices headed sharply lower Wednesday, giving up some gains from a day earlier when bullion registered its largest percentage rise in more than a decade.

Gold for April delivery on Comex fell $25.10, or 1.5%, at $1,635.70 an ounce, after surging 6% on Tuesday.

Among other metals Wednesday, May silver rose 17.3 cents, or 1.2%, to reach $14.43 an ounce, after the white metal jumped 7.5% a day ago. May copper fell 0.4% to $2.1705 a pound.

April platinum added 3.1% to $723.50 an ounce and June palladium traded at $1,920 an ounce, up 7.5%.

Source: Marketwatch


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