Gold prices gain 0.35% to 1523.75, up for the fourth consecutive day

  • Dec 31, 2019 GMT
  • Team Kalkine
  • Yellow metal prices moved higher for the fourth consecutive day and traded 5.15 points or 0.35% higher at USD 1,523.95 and registered an intraday high of USD 1,528.25 and a low of USD 1,517.65.
  • Gold prices also traded above its 5-day, 10-day, 20-day, 50-day and 200-day SMAs.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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