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Gold $2,665.86 $17.75 0.67% Silver $31.06 $0.25 0.81% Platinum $961.75 $1.84 0.19% Palladium $1,030.60 $12.1 1.19%

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]

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