• +1 (312) 549-9986

Gold $3,674.76 $(15.06) -0.41% Silver $41.81 $(0.74) -1.75% Platinum $1,364.99 $(32.89) -2.35% Palladium $1,152.26 $(25.97) -2.2%

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]

Leave your comment