Gold prices touched a record high on
Monday as recent economic data boosted bets for interest rate
cuts by the U.S. Federal Reserve, while silver followed suit and
surged to a more than 11-year high.
.
Gold inches up as traders eye key US inflation report marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Gold prices rose on Monday to hit a
record peak for the seventh consecutive session, a move that
analysts anticipate could be driven by strong official sector
demand from Asia, despite traditional. -April 08, 2024 at 06:19 am EDT
- MarketScreener
At 1306 GMT, spot gold saw a 0.5% increase, reaching $2,175.21 per ounce, while silver also experienced a 0.5% uptick to $24.78. U.S. gold futures rose by 0.8% to $2,177.00.
Gold ticked higher on Tuesday as the
U.S. dollar pulled back, with investors keenly awaiting the
minutes of the last U.S. Federal Reserve policy meeting to gauge
the timing of interest rate cuts. . -February 20, 2024 at 04:54 am EST
- MarketScreener