Back    Zoom +    Zoom -
NY Gold Futures Atop US$3,500 Barrier, Hitting Record Highs
Recommend
16
Positive
39
Negative
13
U.S. President Donald Trump’s attempts to sway the Federal Reserve’s independence unsettled investors, undermining confidence in the U.S. economy. Coupled with the USD Index sagging to an approximate three-year low, gold prices surged to new records.

New York gold futures shattered above USD3,500 per ounce, while spot gold climbed past USD3,490 per ounce, setting another all-time high.

Related NewsM Stanley Lists Asia Pacific Ex-JP Focus List (Table)

AAStocks Financial News