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Find all the economic and financial information on our Orishas Direct application to download on Play StoreGold is about to record its biggest weekly increase in nearly two months today. Hopes for a pause in the Federal Reserve's tightening campaign increased the attractiveness of bullion amid progress on the US debt ceiling deal.
At 02:41 GMT, spot gold was stable at $1,978.74 per ounce. U.S. gold futures were little changed, also at $1,996.20. The ingot has gained 1.7% so far within the week. It is heading into its best week since the week ended April 7. Cash rose 0.1% to $23,926 per ounce and rose 2.7% for the week. Platinum fell by 0.2% to $1,004.32, while palladium remained stable at $1,393.94
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