Gold hits record high on hopes of Fed rate cut Commodities The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
Yellow fever: Central banks and private investors keep demand for gold buoyant INVESTING Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.