Gold Holds Near Record as Traders Overlook Delayed Cuts Scenario

Gold held near a record-high, even as as investors weighed a shift in messaging from Federal Reserve chief Jerome Powell, who said the US central bank will likely keep rates on hold for longer than originally planned.

Apr 17, 2024 - 03:10
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Gold Holds Near Record as Traders Overlook Delayed Cuts Scenario
Gold held near a record-high, even as as investors weighed a shift in messaging from Federal Reserve chief Jerome Powell, who said the US central bank will likely keep rates on hold for longer than originally planned.

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