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Gold $4,001.66 $(22.99) -0.57% Silver $48.65 $(0.23) -0.47% Platinum $1,563.06 $(34.84) -2.18% Palladium $1,423.85 $(12.54) -0.87%

Gold set for weekly gain on Fed’s interest rate pivot

Gold set for weekly gain on Fed’s interest rate pivot

Gold prices were on track for a weekly jump, driven by a weaker U.S. dollar and lower Treasury yields, after the Federal Reserve indicated lower borrowing costs next year.

Spot gold, which edged up 0.3% at $2,041.70 per ounce, has risen 1.9% so far this week. U.S. gold futures gained 0.6% to $2,056.40...[LINK]

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