Noel Quinn has announced retirement after only five years as CEO.
Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.
Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.
But they are also positioning for the potential for multiple rate cuts.
The banking group is being challenged over a takeover in 2010.
Board prefers the latest offer rather than Concord bid.
Currency continues to fall but investors hope for assisted rebound.
The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.
But there are headwinds including US data, Japan intervention.
Early trade Friday paused a selloff in global bonds.
