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Investors thankful spot gold prices holding above $1,750
With U.S. markets closed Thursday and open half a day Friday for the Thanksgiving long weekend, the gold market is looking to end the week quietly above $1,750 an ounce. According to some analysts, gold and silver continue to benefit from shifting expectations that the Federal Reserve will slow the pace of its aggressive rate hikes starting next month. Futures markets are closed today, but spot gold continues to trade with prices currently at $1,756.90 an ounce, up 0.39% on the day. The silver market is slightly weaker, last trading at $21.513 an ounce, down 0.23% on the day. Although growing fears of a global ... (full story)