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Gold steadies, heads for third straight weekly gain

Gold was supported by a weaker dollar and Treasury buybacks, with spot prices up 3.2% for the week, Reuters reported.

Summary by Times of India
Gold prices maintained stability, closing in on a potential third consecutive weekly rise. The support came from a weaker dollar and Treasury measures aimed at reducing yields. Furthermore, a decrease in unemployment claims indicated a steady labor market, leading markets to expect that the Federal Reserve will likely hold interest rates steady in September. Additionally, other precious metals like silver, platinum, and palladium witnessed gains…

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Center

Shafaq News: Gold Stabilizes and Heads for Its Third Week of Gains

Shafaq News - Erbil: Gold prices were stable on Friday but are on track for their third consecutive weekly gain, supported by a weaker dollar and efforts by the US Treasury Department to curb rising long-term bond yields. Spot gold was little changed at $4,514.23 per ounce after hitting its highest level since early June in the previous session. The metal has gained 3.2 percent since the start of the week. US gold futures settled at $4,571.20. T…

·Iraq
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ReutersReuters
+4 Reposted by 4 other sources
Center

Gold on track for third weekly gain after US Treasury move

·London, United Kingdom
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The Hindu Business LineThe Hindu Business Line
Lean Right

Gold heads for third weekly gain on softer dollar, lower US yields

Gold prices rise for a third week on a weaker dollar and lower US yields, up 3.6% this week.

·Chennai, India
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CNBCCNBC
Lean Left

Gold on track for third weekly gain on softer dollar, lower US yields

Gold prices edged higher on Friday and were on track for a third consecutive weekly gain, supported by a weaker dollar and U.S. Treasury's bond buyback move.

·Englewood Cliffs, United States
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NDTV ProfitNDTV Profit

Gold Set For Third Weekly Gain On US Treasury Buyback Plans

While yields retraced much of the decline the buyback prompted later in the week, the move reflects concerns about soaring government debt.

·Mumbai, India
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WTVB broke the news on Friday, August 21, 2026.
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