• +1 (312) 549-9986

Gold $4,617.25 $(4.8) -0.1% Silver $75.71 $1.92 2.6% Platinum $1,988.52 $1.53 0.08% Palladium $1,530.00 $(3.18) -0.21%

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