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Gold $4,045.29 $(2.84) -0.07% Silver $57.88 $0.25 0.44% Platinum $1,580.64 $(12.91) -0.81% Palladium $1,242.95 $(10.51) -0.84%

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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