• +1 (312) 549-9986

Gold $3,642.99 $9.17 0.25% Silver $42.18 $0.57 1.37% Platinum $1,393.75 $12.43 0.9% Palladium $1,197.60 $9.71 0.82%

Gold rebounds as US dollar, yields slip with eyes on Fed guidance

Gold rebounds as US dollar, yields slip with eyes on Fed guidance

Feb 27 (Reuters) - Gold prices inched up on Tuesday, buoyed by a weaker U.S. dollar and bond yields, ahead of a key inflation report and comments from Federal Reserve officials for further clues on when interest rate cuts will commence.
 
Spot gold was up 0.4% at $2,038.15 per ounce as of 1229 GMT, hovering near its highest since Feb. 7 hit on Friday. U.S. gold futures rose 0.4% to $2,047.30 per ounce...[LINK]
Leave your comment