Gold advances as Powell reiterate rising inflation won’t last

Reading Time: < 1 minute

Gold rose for a second day as Federal Reserve Chair Jerome Powell reiterated that higher inflation will likely be transitory. Gold advanced following its biggest weekly decline in 15 months, helped by a drop-in the dollar and a boost from exchange-traded fund investors.

Share on

Leave a Comment

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu