• +1 (312) 549-9986

Gold $2,303.46 $(16.09) -0.69% Silver $28.95 $(0.65) -2.2% Platinum $954.66 $(3.97) -0.41% Palladium $894.63 $(8.39) -0.93%

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]

Leave your comment