Tag: burnish

Gold hits record peak as rate cut bets burnish appeal, silver jumps

By Sherin Elizabeth Varghese (Reuters) – Gold prices hit an all-time high on Monday as a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak. Spot gold was up 0.9% at $2,436.76 per ounce, as of 0340 GMT […]