Gold rose on Friday but was set for its first weekly drop in three weeks, as investors lowered expectations of a U.S. interest rate cut after the Federal Reserve s latest meeting indicated a delay in monetary policy easing.
The dollar was on track for a weekly drop, making gold less expensive for buyers holding other currencies, while yields on 10-year Treasury notes hovered near two-month lows.
SINGAPORE Chicago soybean futures slid on Friday, with the market poised for a weekly decline, as slowing demand from top importer China and lackluster U.S.…
Chicago wheat futures lost more ground on Friday with the market poised for its biggest weekly drop in eight months as renewal of a Black Sea export deal eased concerns over global supply.