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Gold $3,348.65 $(48.81) -1.44% Silver $37.74 $(0.64) -1.67% Platinum $1,323.90 $(5.02) -0.38% Palladium $1,149.75 $24.06 2.14%

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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