Gold holding $2,600 ahead of shortened holiday trading week
(Kitco News) - Despite ending the week in negative territory, the gold market managed to hold critical support at around $2,600 an ounce, even after the Federal Reserve signaled it would slow the pace of rate cuts in 2025.
Latest News
Gold price catching a bid as core PCE rises 0.1% in November
(Kitco News) - Weaker-than-expected inflation pressures are creating some holiday cheer in the gold market as prices continue to hold support at around $2,600 an ounce.