Gold Hits 2-Week High Amid Safe-Haven Demand
Gold prices surged to a two-week high on Thursday, driven by safe-haven buying ahead of the Federal Reserve’s rate outlook and President-elect Donald Trump’s proposed trade tariffs. Spot gold rose 1.2% to $2,654.24 an ounce, while US gold futures settled 1.1% higher at $2,669. Analysts say bullion thrives in low-interest-rate environments and acts as a … Read more