“Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand”
April 16, 2024
“Gold futures have set another record high, with the rally driven by central bank purchases, safe-haven demand and geopolitical tensions.
June futures on the New York Mercantile Exchange were recently up 1.7% at $2,413.5 a troy ounce, having hit a fresh all-time high of $2,416.5 earlier in the session. They have gained 4.6% over the last week and over 14% in the year to date…”