Gold prices rose sharply on Thursday as oil prices retreated and a global bond selloff paused following Wednesday’s hawkish Fed hike.
Spot gold jumped 1.1 percent to $4,309.27 an ounce after touching a six-week low earlier. U.S. gold futures, however, were down 0.9 percent at $4,348.67.
Brent crude futures fell toward $104 a barrel, extending losses from the previous session as reports of additional Saudi crude cargoes through Oman helped ease supply concerns.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Gold Climbs Amid Sliding Dollar, Yields
2026-09-17 09:49:36
