• +1 (312) 549-9986

Gold $2,661.38 $3.41 0.13% Silver $32.11 $0.03 0.09% Platinum $1,008.87 $13.26 1.33% Palladium $1,016.30 $14.3 1.43%

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