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as informed in * Spot gold expected to test resistance at $1,255/oz - technicals * Palladium on track for worst weekly fall since late January * Platinum, silver heading for biggest weekly gain in five weeks (Updates prices) By Vijaykumar Vedala May 19 Gold prices edged up on Friday and were on track for their biggest weekly gain since mid-April as the dollar eased amid lingering political turbulence in the United States. It climbed 1.9 percent for the week and is set for its biggest weekly rise in five. The metal slipped 5 percent this week, poised for its biggest weekly fall since late January. "Safe-haven buying has provided strong support to gold prices over the past six months," ANZ said in a note. Spot gold was up 0.4 percent at $1,250.96 per ounce, as of 0819 GMT.
As it stated in The metal slipped 6 percent this week and was poised for its biggest weekly fall since late January. U.S. President Donald Trump last week fired Federal Bureau of Investigation Director James Comey. Federal funds futures implied traders saw about a 74 percent chance the Fed would raise interest rates in June, CME Group's FedWatch program showed. Platinum rose 0.6 percent to $937.24 an ounce while silver climbed 1.6 percent to $16.80 an ounce. Spot gold was up 0.6 percent at $1,253.87 an ounce by 2:47 p.m. EDT (1847 GMT), putting it up 2 percent for the week.
As it stated in
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as informed in * Spot gold expected to test resistance at $1,255/oz - technicals * Palladium on track for worst weekly fall since late January * Platinum, silver heading for biggest weekly gain in five weeks (Updates prices) By Vijaykumar Vedala May 19 Gold prices edged up on Friday and were on track for their biggest weekly gain since mid-April as the dollar eased amid lingering political turbulence in the United States. It climbed 1.9 percent for the week and is set for its biggest weekly rise in five. The metal slipped 5 percent this week, poised for its biggest weekly fall since late January. "Safe-haven buying has provided strong support to gold prices over the past six months," ANZ said in a note. Spot gold was up 0.4 percent at $1,250.96 per ounce, as of 0819 GMT.
As it stated in The metal slipped 6 percent this week and was poised for its biggest weekly fall since late January. U.S. President Donald Trump last week fired Federal Bureau of Investigation Director James Comey. Federal funds futures implied traders saw about a 74 percent chance the Fed would raise interest rates in June, CME Group's FedWatch program showed. Platinum
As it stated in
Gold on track for biggest weekly gain in five
Gold prices edged up on Friday and were on track for their biggest weekly gain since mid-April as the dollar eased amid lingering political turbulence in the United States. It climbed 1.9 per cent for the week and is set for its biggest weekly rise in five. The metal slipped 5 per cent this week, poised for its biggest weekly fall since late January. "Safe-haven buying has provided strong support to gold prices over the past six months," ANZ said in a note. The metals have gained about 1.7 per cent and 1.4 per cent for the week, respectively, and are on track to register their best weekly growth since the week ended April 14.read more visit us gold
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