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Gold $4,051.01 $48.98 1.22% Silver $51.19 $0.97 1.92% Platinum $1,625.85 $16.61 1.03% Palladium $1,431.98 $30.15 2.15%

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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