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Gold Climbs Above $4,000 an Ounce After 2% 24-Hour Gain

Gold Climbs Above $4,000 an Ounce After 2% 24-Hour Gain

Photo: TokenPost

Gold climbed above $4,000 an ounce after gaining 2% over 24 hours, with its reported quote at $4,000.11 at 12:52 a.m. ET (05:52 UTC) Wednesday. That placed the metal just beyond the round-number threshold. The market identifier in the update was XAUUSD, a quotation for gold priced in U.S. dollars. The unit was dollars per ounce, so the $4,000.11 figure represents the price of one ounce at the reported time. The 2% figure describes gold’s change over the 24 hours ending with that update. The level and percentage together summarize the latest price and the size of its daily move.

Source: TokenPost

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