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Gold $4,940.40 $(0.07) 0% Silver $84.03 $(1.01) -1.19% Platinum $2,203.93 $(22.11) -0.99% Palladium $1,726.83 $(12.11) -0.7%

Gold heads for best week in six ahead of key Powell speech

Gold heads for best week in six ahead of key Powell speech

Aug 25 (Reuters) - Gold steadied on Friday as it headed for its best week since mid-July, with support lent by a pullback in U.S. bond yields ahead of Federal Reserve Chair Jerome Powell’s keynote remarks at the Jackson Hole symposium.

Spot gold was nearly unchanged at $1,917.17 per ounce by 1149 GMT, having risen about 1.5% so far this week. U.S. gold futures shed 0.1% to $1,945.20...[LINK]

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