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Gold $2,388.00 $15.21 0.64% Silver $28.41 $0.14 0.5% Platinum $947.46 $5.03 0.53% Palladium $1,033.28 $7.05 0.69%

Gold extends record run as Fed's Powell hints at rate cuts

Gold extends record run as Fed's Powell hints at rate cuts

March 7 (Reuters) - Gold prices extended gains to hit an all-time high on Thursday after comments from U.S. Federal Reserve Chair Jerome Powell fostered expectations for lower U.S. interest rates this year.
 
Gold tends to thrive when interest rates are low, which reduce the opportunity cost of holding non-yielding bullion...[LINK]
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