Gold prices rose on Monday, building on last week’s gains as expectations that the Federal Reserve has finished hiking interest rates have added another tailwind to the yellow metal’s rally.
Thursday’s... Gold prices rose on Monday, building on last week’s gains as expectations that the Federal Reserve has finished hiking interest rates have added another tailwind to the yellow metal’s rally. Thursday’s settlement marked the peak of a torrid six-month rally that has taken gold prices close to record highs. During this period, gold has benefited from a handful of factors, including a weaker U.S. dollar, fears of a recession and uncertainty over the U.S. debt-ceiling conflict.
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