PT. Equityworld Futures - Gold headed for the first
weekly climb since February, extending a rebound from a three-month low,
after the Federal Reserve lowered projections for interest-rate
increases.
Gold for immediate delivery added 0.1 percent to
$1,172.31 an ounce by 10:40 a.m. in London, according to Bloomberg
generic pricing. Bullion for April delivery rose 0.2 percent to
$1,171.70 on the Comex in New York. Futures trading volume on the
exchange was 40 percent below the average for this time of day over the
past 100 days.
Bullion was set at $1,171.75 an ounce on Friday in
the first LBMA Gold Price, an electronic auction that replaced the
London gold fixing.
Silver rose 0.4 percent to $16.1997 an ounce
and is set to climb 3.4 percent this week. Platinum was little changed
at $1,124.75 an ounce, and palladium rose 0.9 percent to $773 an ounce,
still set for a second weekly drop.
sumber : ewfpro.com