Commodities

Gold Futures Settle Lower As Dollar Rebounds

Gold prices drifted lower on Friday, turning weak after two successive days of gains, as the dollar rebounded from recent losses, and bond yields edged higher.

Still, gold futures posted a weekly gain as the Federal Reserve left interest rates unchanged and signaled three rate cuts in 2024, citing easing inflation and slowing economic growth.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Commodities