• +1 (312) 549-9986

Gold $4,140.03 $7.13 0.17% Silver $59.42 $0.25 0.43% Platinum $1,645.79 $1.51 0.09% Palladium $1,127.40 $5.38 0.48%

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