Gold and Silver Updates


Gold closes higher as market prepares for year-end

Gold costs rose on Wednesday, because the US greenback dropped towards most main currencies throughout the next-to-last session of 2020.


The British well being authorities accredited the emergency use of the Oxford-AstraZeneca vaccine.


British Prime Minister Boris Johnson stated that the vaccine is 90% efficient and that it’s a victory for science in his nation.


In the meantime, Covid-19 the day by day variety of infections continues to rise in Britain and the US.


The greenback index fell towards a basket of main currencies by 0.3% to 89.7 factors as of 19:31 GMT, after hitting a excessive of 89.9 factors and a low of 89.5 factors.


Gold February futures rose 0.6% or $10.5, and closed at $1,893.4 an oz., with right this moment’s excessive at $1,896.3, and the low at $1,879.5.


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