• +1 (312) 549-9986

Gold $3,370.17 $(0.74) -0.02% Silver $36.32 $(0.42) -1.15% Platinum $1,268.44 $(51.83) -3.93% Palladium $1,037.85 $(9.34) -0.89%

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