10 Hrs
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خبرني
Gold posts two-week high
Gold rose 1.9% on Thursday to $4,134.83 an ounce, its highest level in two weeks, while U.S. futures climbed 1.8% to $4,144.20. The gains were supported by a weaker dollar and lower U.S. Treasury yields following Democratic victories in the midterm elections, after the metal had gained about 3.4% the previous day. Investors are awaiting Friday’s U.S. jobs report to assess the outlook for monetary policy, while market expectations point to an 82% chance of an interest-rate hike in December.
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