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Gold $4,550.46 $(102.19) -2.2% Silver $77.96 $(5.91) -7.05% Platinum $1,982.09 $(80.23) -3.89% Palladium $1,413.35 $(32.87) -2.27%

Gold set for weekly gain on Fed’s interest rate pivot

Gold set for weekly gain on Fed’s interest rate pivot

Gold prices were on track for a weekly jump, driven by a weaker U.S. dollar and lower Treasury yields, after the Federal Reserve indicated lower borrowing costs next year.

Spot gold, which edged up 0.3% at $2,041.70 per ounce, has risen 1.9% so far this week. U.S. gold futures gained 0.6% to $2,056.40...[LINK]

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