• +1 (312) 549-9986

Gold $4,412.84 $(22.96) -0.52% Silver $66.28 $0.2 0.31% Platinum $1,826.55 $8.94 0.49% Palladium $1,389.81 $1.2 0.09%

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