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Gold $4,002.76 $(61.94) -1.52% Silver $46.89 $(1.71) -3.52% Platinum $1,587.79 $(12.45) -0.78% Palladium $1,401.65 $(18.52) -1.3%

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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