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Gold $2,645.81 $16.58 0.63% Silver $31.34 $0.21 0.67% Platinum $980.85 $8.7 0.89% Palladium $1,090.16 $18.12 1.69%

Gold hits record high on US rate-cut optimism

Gold hits record high on US rate-cut optimism

March 5 (Reuters) - Gold notched a record high on Tuesday, as traders ramped up bets of a start to interest-rate cut by the U.S. Federal Reserve in June, with investors pouring money into the safe-haven asset as the Middle-East war drags on.
 
Spot gold climbed 1% to $2,136.69 per ounce by 1332 GMT. U.S. gold futures jumped 0.9% to $2,145.40 per ounce. Gold last hit a record high of $2,135.40 on Dec. 4...[LINK]
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