• +1 (312) 549-9986

Gold $4,067.51 $(16.57) -0.41% Silver $58.65 $(0.16) -0.28% Platinum $1,623.60 $1.64 0.1% Palladium $1,203.86 $(2.65) -0.22%

Gold heads for best week in six ahead of key Powell speech

Gold heads for best week in six ahead of key Powell speech

Aug 25 (Reuters) - Gold steadied on Friday as it headed for its best week since mid-July, with support lent by a pullback in U.S. bond yields ahead of Federal Reserve Chair Jerome Powell’s keynote remarks at the Jackson Hole symposium.

Spot gold was nearly unchanged at $1,917.17 per ounce by 1149 GMT, having risen about 1.5% so far this week. U.S. gold futures shed 0.1% to $1,945.20...[LINK]

Leave your comment