Gold prices were up more than 1 percent on Friday as a pullback in oil prices and global bond yields helped ease inflation and interest-rate concerns.
Spot gold jumped 1.1 percent to $4,388.34 an ounce, after having snapped a three-day decline the previous day on the back of easing oil prices and a weaker dollar. U.S. gold futures were up 0.6 percent at $4,427.09.
The dollar index steadied near a seven-week high as the Federal Reserve’s first interest-rate hike in three years instilled confidence in investors regarding the central bank’s resolve to bring inflation under control.
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Market Analysis
Gold Prices Climb As Oil Extends Slide On Easing Supply Concerns
2026-09-18 09:50:39
