• +1 (312) 549-9986

Gold $4,065.61 $17.45 0.43% Silver $58.57 $0.93 1.61% Platinum $1,582.05 $(11.5) -0.72% Palladium $1,245.12 $(8.34) -0.67%

Gold extends decline; all eyes on Powell's speech

Gold extends decline; all eyes on Powell's speech

Nov 9 (Reuters) -Gold was on track for a fourth straight day of decline on Thursday as safe-haven demand cooled, while the spotlight shifted to U.S. Federal Reserve Chair Jerome Powell’s speech for cues on interest rates.

Spot gold was down 0.1% at $1,948.39 per ounce by 1141 GMT after hitting its lowest since Oct. 18. U.S. gold futures fell 0.2% to $1,953.30...[LINK]

Leave your comment