Topic
Latest reporting and analysis tagged with Gold Futures.
Gold futures opened at a record $4,635.70 per troy ounce on Thursday, with prices softening slightly after President Trump announced Iran stopped killing protestors. Geopolitical tensions and concerns about Federal Reserve independence have kept gold near highs.
Gold futures reached an all-time high of $4,647.60 on Wednesday, fueled by concerns over Federal Reserve independence after a Trump administration subpoena to Chair Jerome Powell. Ten central bank leaders issued a joint statement supporting Powell.
Gold futures opened at $4,610 per troy ounce on Tuesday, down 0.1% from Monday's close. The price reached an all-time high of $4,620 yesterday. Federal Reserve Chair Jerome Powell commented on an ongoing investigation by the Trump administration, stating it continues attempts to manipulate interest rates.