Gold slides in biggest weekly drop since 2021 as Fed signals no rush to cut rates

Gold slides in biggest weekly drop since 2021 as Fed signals no rush to cut rates

by
Nov. 15, 2024 6:10 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA Information Editor
fWV" alt="stack of shiny gold bars 3d illustration" data-id="1264928464" data-type="getty-image" width="5760px" height="4500px" srcset="hox 1536w, b1Q 1280w, keE 1080w, fWV 750w, jKW 640w, JeY 480w, iJs 320w, RTI 240w" sizes="(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px"/>

monsitj/iStock through Getty Pictures

Gold futures ended decrease Friday for the sixth straight session within the steel’s sharpest weekly selloff in additional than three years, pushed by a powerful U.S. greenback and diminished expectations for rate of interest cuts following Donald Trump’s election victory.

Gold’s

Leave a Comment