• +1 (312) 549-9986

Gold $4,325.62 $(3.93) -0.09% Silver $68.08 $(0.06) -0.08% Platinum $1,756.10 $(2.87) -0.16% Palladium $1,216.65 $1.19 0.1%

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]
Leave your comment