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(Kitco NewsWire) - Spot gold prices were firmer and spot silver prices were higher in late U.S. trading Friday, as oil prices fell on renewed U.S.-Iran diplomacy hopes while rising Treasury yields and firm Fed rate-hike expectations capped bullion’s rebound. At the time of writing, spot gold was trading near…
Commodity markets traded mixed on September 25, with oil prices edging lower as markets weighed hopes of a US-Iran truce against geopolitical tensions, while gold prices ticked higher but remained on track for a weekly decline.Oil prices fell slightly on Friday as markets weighed the possibility of…
Gold rate prediction: Gold prices rose on Friday but was on track for a weekly loss, as rising US Treasury yields and growing expectations of Federal Reserve rate hikes weighed on the metal.