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 this week.

Gold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields falling and the dollar weakening, gold became…

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.…