• +1 (312) 549-9986

Gold $2,557.81 $(15.67) -0.61% Silver $29.92 $(0.38) -1.25% Platinum $934.34 $(1.42) -0.15% Palladium $937.90 $7.61 0.82%

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