Gold fell on Tuesday, a day after breaching $4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. RAW MATERIALS * Spot gold was down 0.4% at $4,576.79 an ounce as of 01:34 GMT. Bullion hit an all-time high of $4,629.94 on Monday. * U.S. gold futures for February […]
Gold prices rose on Wednesday as bargain hunters intervened after the precious metal fell to its lowest level in three weeks in the previous session, with investors now awaiting the Federal Reserve’s interest rate decision later in the day. RAW MATERIALS * Spot gold rose 0.7% to $3,977.49 an ounce as of 0114 GMT, after […]
Silver hit a multi-decade high as a historic short squeeze in London amplified a powerful rally this year, while gold rose to a record, helped by broad investor enthusiasm for precious metals. Spot silver climbed as much as 3% to almost $52 an ounce – higher than last week’s intraday high – while gold surpassed […]