• +1 (312) 549-9986

Gold $3,330.40 $(7.64) -0.23% Silver $36.01 $(0) 0% Platinum $1,346.36 $(12.32) -0.91% Palladium $1,103.83 $(1.86) -0.17%

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