• +1 (312) 549-9986

Gold $3,328.39 $23.05 0.7% Silver $32.63 $0.18 0.56% Platinum $987.59 $4.93 0.5% Palladium $977.95 $10.27 1.06%

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