April 4, 2024
1 min read

Gold prices surged to an all-time high

Spot gold hit $2,304.09 per ounce, remaining steady at $2,299.28 per ounce as of 0343 GMT. Meanwhile, spot silver fell to $27.08 per ounce, platinum edged down to $935.39, and palladium rose to $1,017.83…. reports Asian Lite News

Gold prices surged to an all-time high on Thursday following Federal Reserve officials’ reaffirmation of anticipated interest rate reductions in 2024, as reported by Reuters.

Spot gold was steady at $2,299.28 per ounce as of 0343 GMT and hit a record high of $2,304.09 earlier in the session. Bullion has hit record highs in each session since last week’s Thursday.

Spot silver fell 0.5% to $27.08 per ounce, platinum edged down 0.1% to $935.39 and palladium was up 0.4% at $1.017.83.

ALSO READ :Lanka’s national airline for sale

Previous Story

OPEC+ sticks to current output policy

Next Story

Palakkad Set to Blaze Again

Latest from Business

Trump Defiant as Markets Dive

Despite mounting investor anxiety and a steep drop in market values worldwide, Trump dismissed fears of economic fallout, declaring that “world leaders are dying to make a deal.” Amid deepening turmoil on
Go toTop

Don't Miss

‘Celebrate Diwali in the City of Gold’

To make the festive season even more memorable, DJG is

Six Indian boxers clinch gold medals in Asian Youth & Junior Boxing

She continued her aggressive approach in the last round to