Gold Prices Rise Despite Weekly Downtrend as Fed Minutes Signal Caution Gold prices rose on Friday but are set for their first weekly decline in three weeks as expectations for U.S. interest rate cuts have diminished due to the Federal Reserve’s recent hawkish stance. Spot gold increased by 0.4% to $2,338.57 per ounce, while U.S. gold futures went up 0.1% to $2,339.80. The dollar index also dropped, making gold cheaper for foreign buyers. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts From Hawkish to Hesitant: BOJ's Rate Hike Sparks Market Meltdown READ MORE Economic Reality Check: Six Figures Not Enough for Middle-Class Comfort? READ MORE "I've Been Warning About THIS For a YEAR, Well Here It Is" Decoding the Banking Sector Plunge READ MORE Oil Markets React to Missile Strike in Damascus Sparks Fear READ MORE Financial Anxiety Surges: 4 in 10 Americans Worried About Paying Bills READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment