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Gold $3,355.62 $31.47 0.95% Silver $38.31 $1.32 3.58% Platinum $1,365.87 $19.26 1.43% Palladium $1,169.33 $46.81 4.17%

Gold near two-week high as US Treasury yields drop on dovish Fed tone

Gold near two-week high as US Treasury yields drop on dovish Fed tone

Oct 11 (Reuters) - Gold prices rose to a near two-week high on Wednesday, as U.S. Treasury yields extended their retreat after dovish comments from Federal Reserve officials indicated that interest rates may have peaked.

Spot gold was up 0.6% at $1,871.90 per ounce by 1132 GMT, its highest level since Sept. 29. U.S. gold futures rose 0.6% to $1,886.30...[LINK]

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