• +1 (312) 549-9986

Gold $5,018.92 $(60.25) -1.19% Silver $80.53 $(3.4) -4.05% Platinum $2,018.76 $(110.09) -5.17% Palladium $1,539.07 $(65.7) -4.09%

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