• +1 (312) 549-9986

Gold $2,660.80 $2.83 0.11% Silver $32.04 $(0.04) -0.12% Platinum $1,006.29 $10.68 1.07% Palladium $1,015.30 $13.3 1.33%

Gold climbs to over three-week high on US rate cut bets

Gold climbs to over three-week high on US rate cut bets

Dec 28 (Reuters) - Gold prices steadied after hitting a more than three-week high on Thursday, deriving support from a weaker U.S. dollar and lower bond yields as markets bet on rate cuts by the Federal Reserve early next year.

Spot gold was steady at $2,072.09 per ounce at 1206 GMT after earlier rising as high as 2,088.29, the most since Dec. 4. U.S. gold futures were down 0.5% at $2,082.20...[LINK]

Leave your comment