KITCO·3 min read·medium
Gold holds near $4,050 as equities diverge, oil falls - Kitco PM Report
✦AI Summary
Gold prices remain steady near $4,050 as investors weigh mixed economic data and fluctuating oil prices. Meanwhile, North American and European equity markets showed varied performance as traders monitor potential Federal Reserve policy shifts.
(Kitco NewsWire) - Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Friday, as crude oil pulled back from Thursday’s spike, Treasury yields eased and the U.S. dollar held near recent highs. At the time of writing, spot gold was trading near $4,052.70 an ounce, up 0.08%, while spot silver was trading near $58.16, up 0.87% on the session.
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