Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts
Publishing timestamp: 2024-03-04 18:08:45
Summary
Gold futures hit all-time high, with potential for further upside as traders bet on Fed cutting interest rates. Central banks buying gold after Russia's reserves were confiscated. Gold prices could face headwinds if economic data comes in strong.
Sentiment: MIXED
Keywords: business news, gold comex (apr'23),