Gold Climbs to Record High as US Fed Hints Rate Cut
Singapore, 20 Mar (ONA) —- Gold soared to a record high today,
as the US Federal Reserve hinted at a possible easing of interest
rates by half a percentage point by year-end, which further fostered
bullion's appeal amid ongoing geopolitical and economic woes.
Spot gold rose 0.2% to $3,052.92 an ounce. Bullion reached an
all-time high of $3,055.31 per ounce earlier in the session.
US gold futures ...