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Precious metals: gold continues its record rise

03/09/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Due to growing expectations of a drop in rate de the Federal Reserve this month and risks persistent political and economic conditions, gold hit a new record on Wednesday, consolidating its gains above the key level of $3,500.

Spot gold was up 0.1% at $3,534.88 per ounce, at 10:06am GMT, after reaching a high historic at $3,546.99 earlier in the session. Contracts to US gold terms for December delivery gained 0.3% to 3,602.80 dollars.

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