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Precious Metals

“Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand”

“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…”

https://www.wsj.com/finance/commodities-futures/gold-futures-hit-new-record-on-central-bank-buying-safe-haven-demand-a30b651a

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