• +1 (312) 549-9986

Gold $2,387.62 $2.91 0.12% Silver $27.96 $0.1 0.36% Platinum $942.16 $4.65 0.5% Palladium $909.19 $10.59 1.18%

Gold bound for weekly gain on Fed rate pause bets

Gold bound for weekly gain on Fed rate pause bets

June 9( Reuters) - Gold eased on Friday on a stronger dollar, but held close to the previous session’s highs en route to a weekly gain helped by bets that the Federal Reserve could soon pause interest rate hikes.

Spot gold fell 0.3% to $1,962.34 per ounce by 5:52 a.m. ET (0952 GMT), but headed for a 0.8% weekly climb, having jumped about 1.5% after a surge in U.S. weekly jobless claims...[LINK]

Leave your comment