• +1 (312) 549-9986

Gold $5,162.98 $(64.29) -1.23% Silver $85.74 $(2.45) -2.78% Platinum $2,100.62 $(57.76) -2.68% Palladium $1,716.15 $(20.67) -1.19%

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]

Leave your comment