TSX:FTN - Post Discussion
Post by
mouserman on Apr 03, 2024 9:18am
Gold notches another alltime high yesterday
April 3 (Reuters) - Gold took a breather after notching another record high on Wednesday as growing tensions in the Middle East and U.S. interest rate cut hopes continued to push investors to the safe-haven asset.
Spot gold was down 0.3% at $2,272.79 per ounce, as of 1211 GMT after hitting a record high of $2,288.09 earlier in the session. Analysts attributed the slight pullback to an uptick in U.S. yields .
U.S. gold futures gained 0.5% to $2,293.20.
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