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Gold $3,348.99 $(8.57) -0.26% Silver $36.43 $(0.12) -0.32% Platinum $1,403.49 $(17.45) -1.23% Palladium $1,137.34 $(24.23) -2.09%

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]

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