Investor Alert

Market Pulse Archives

Nov. 30, 2021, 1:55 p.m. EST

Gold futures settle lower for the session and month

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Moderna Inc. (MRNA)

or Cancel Already have a watchlist? Log In

By Myra P. Saefong


Gold futures ended lower on Tuesday, giving up earlier gains, as comments from Federal Reserve Chairman Jerome Powell suggested that the central bank might speed up tapering its monthly asset purchases when it meets next month. Prices for the metal shook off earlier gains that came after Moderna's /zigman2/quotes/205619834/composite MRNA -0.91% CEO Stéphane Bancel predicted that current vaccines would struggle against the omicron variant of the coronavirus. Comments from Powell, as well as Bancel, prompted steep declines in U.S. benchmark stock indexes, likely prompting investors to sell gold to cover margin calls. February gold fell $8.70, or 0.5%, to settle at $1,776.50 an ounce. Based on the most-active contract, prices ended the month down 0.4%, according Dow Jones Market Data.

US : U.S.: Nasdaq
$ 147.44
-1.36 -0.91%
Volume: 2.21M
March 30, 2023 4:00p
P/E Ratio
Dividend Yield
Market Cap
$57.49 billion
Rev. per Employee

Get news alerts on Moderna Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.