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Gold $4,040.70 $(18.96) -0.47% Silver $53.96 $(0.19) -0.34% Platinum $1,532.03 $(11.18) -0.72% Palladium $1,027.66 $(0.34) -0.03%

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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