• +1 (312) 549-9986

Gold $4,798.92 $(34.01) -0.7% Silver $93.33 $0.29 0.31% Platinum $2,437.30 $(41.64) -1.68% Palladium $1,830.15 $(13.67) -0.74%

Gold near two-week high as US Treasury yields drop on dovish Fed tone

Gold near two-week high as US Treasury yields drop on dovish Fed tone

Oct 11 (Reuters) - Gold prices rose to a near two-week high on Wednesday, as U.S. Treasury yields extended their retreat after dovish comments from Federal Reserve officials indicated that interest rates may have peaked.

Spot gold was up 0.6% at $1,871.90 per ounce by 1132 GMT, its highest level since Sept. 29. U.S. gold futures rose 0.6% to $1,886.30...[LINK]

Leave your comment