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Gold $3,813.48 $(19.66) -0.51% Silver $46.22 $(0.72) -1.53% Platinum $1,558.72 $(42.95) -2.68% Palladium $1,240.39 $(26.26) -2.07%

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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