• +1 (312) 549-9986

Gold $3,402.25 $16.4 0.48% Silver $36.35 $0.02 0.06% Platinum $1,300.28 $1.68 0.13% Palladium $1,062.95 $3.03 0.29%

Gold heads for third weekly fall on fading bets for Fed cut

Gold heads for third weekly fall on fading bets for Fed cut

Aug 18 (Reuters) - Gold gained on Friday as the dollar and bond yields eased but remained on course for a third straight weekly dip as strong U.S. economic data reinforced bets that the Federal Reserve will keep interest rates elevated.

Spot gold rose 0.3% to $1,894.41 per ounce by 1042 GMT, after touching its lowest in five months on Thursday. U.S. gold futures rose 0.3% to $1,920.80...[LINK]

Leave your comment