• +1 (312) 549-9986

Gold $4,072.13 $(11.86) -0.29% Silver $58.75 $(0.06) -0.1% Platinum $1,624.26 $2.23 0.14% Palladium $1,202.49 $(4.07) -0.34%

Gold extends decline; all eyes on Powell's speech

Gold extends decline; all eyes on Powell's speech

Nov 9 (Reuters) -Gold was on track for a fourth straight day of decline on Thursday as safe-haven demand cooled, while the spotlight shifted to U.S. Federal Reserve Chair Jerome Powell’s speech for cues on interest rates.

Spot gold was down 0.1% at $1,948.39 per ounce by 1141 GMT after hitting its lowest since Oct. 18. U.S. gold futures fell 0.2% to $1,953.30...[LINK]

Leave your comment