Gold climbs to above $1,450 for the first time since May 2013
Metal is up nearly 2% so far this week on tensions in Middle East and Federal Reserve official’s comments on interest rate cut
19 July 2019 - 08:16
Gold on Friday surpassed the key $1,450 level for the first time since May 2013, after comments from a top Federal Reserve official bolstered expectations of an interest rate cut, while fresh tensions in the Middle East further supported bullion.
Spot gold hit $1,452.60/oz in early trade, its highest since May 10, 2013, before easing 0.2% to $1,442.56/oz at 3.36am GMT...
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