The Economic Times
8 گھنٹے پہلے
Gold rises to one-week high, up about 1.2% for the week on bargain buying
Spot gold climbed 1.4% to $4,190.49 and was on track for a weekly gain of about 1.2% as bargain buying emerged after prices hit a two-month low. A Stone X analyst said the $4,000 area is building a floor. US gold futures for December delivery also rose 1.4% to $4,215.60. Markets are pricing an 84% probability of at least one rate hike by December, while spot silver gained 2.6%.