GOLD PRICE , SILVER RATE SUFFER WEEKLY LOSSES . CHECK LATEST GOLD RATE PREDICTIONS

What happened: Gold and silver suffered weekly losses, then bounced back on safe-haven buying and short-covering, helped by a softer dollar index slipping from its 18-month high. Key numbers: US dollar headed for first weekly fall in five weeks. Traders price a 91 per cent chance of a December rate hike. Silver remained above USD 57 an ounce. Why it matters: Fed Chair Kevin Warsh gave no policy preview at his IMF speech, leaving October hold pricing intact. Analysts see room for a near-term gold rebound and expect gold to range trade with a slight bullish tilt.

Gold and silver weekly losses drive commodity market focus on rate predictions.

Gold and silver weekly losses drive commodity market focus on rate predictions. — impact context not separately stored; see What changed.