News

Latest News

Stocks in Play

Dividend Stocks

Breakout Stocks

Tech Insider

CAD Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Gold Heads for First Weekly Gain in Three

Gold prices extended their rise on Friday and were set to log their first weekly gain in three, as investors stepped-up bets that the U.S. Federal Reserve is done raising interest rates, pressuring the dollar and Treasury yields.

Spot gold Increased was up 0.2% at $1,984.48 per ounce, after hitting its highest since Nov. 6 in the last session. U.S. gold futures were steady at $1,987.20.

Experts note the bullion is up 2.5% so far this week.

Spot silver rose 0.4% to $23.8 U.S. per ounce and up 7.2% for the week so far, while platinum was flat at $892.65 U.S., but has gained 6.4% for the week.

Palladium was also steady at $1,037.46 U.S. per ounce, but was heading for its best week in a year.