Gold Stays Near $4,172 as Inflation Keeps December Fed Tightening Odds Alive

Spot gold held steady near $4,172.10 an ounce in early Friday trade while silver rose 0.57% to $57.630. A softer dollar and lower Treasury yields aided the metals after Thursday’s rebound. Fed Chair Kevin Warsh avoided signaling an October hike, though persistent inflation kept December tightening odds near 89%.