• +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 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]

Leave your comment