FXHedge|Jan 12, 2026 21:33
GOLD CRACKS $4,600/OZ AS FED UNCERTAINTY FANS SAFE-HAVEN RUSH
(Reuters) - Gold hit a record above $4,600 per ounce on Monday and silver reached a fresh peak as investors piled into safe-haven assets after uncertainty deepened over a Trump administration criminal probe into Federal Reserve Chair Jerome Powell.
Spot gold was up 2.2% at $4,609.58 per ounce as of 1:38 p.m. ET (1838 GMT), after earlier hitting a record high of $4,629.94. U.S. gold futures for February delivery settled 2.5% higher at $4,614.70.
Full article:
https://www.msn.com/en-us/money/markets/gold-cracks-4-600-oz-as-fed-uncertainty-fans-safe-haven-rush/ar-AA1U4hK3?ocid=msedgntp&pc=HCTS&cvid=69651b3a14ca4738a4ae64e23e7553a7&ei=119(FXHedge)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink