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Gold $4,064.90 $(11.87) -0.29% Silver $49.99 $(0.75) -1.47% Platinum $1,511.76 $3.91 0.26% Palladium $1,369.45 $(3.61) -0.26%

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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