Gold bars getty It’s official – gold is now the world’s second-largest reserve asset for central banks. That’s after the European Central Bank confirmed the yellow metal had overtaken the euro on the back of feverish buying sprees that have pushed its price to record highs over the last 12 months. In a report published
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider the possible influence of American politics. Both it and the dollar remained strong this week as the Federal Reserve (‘the Fed’) held rates and the European Central Bank (‘the ECB’) cut as expected. This article
(Bloomberg) — Gold hit a new all-time high as the dollar pushed lower and traders sought safety amid concerns over President Donald Trump’s tariff measures. Most Read from Bloomberg Bullion surged as much as 1.4% to $2,798.59 an ounce, surpassing its previous all-time high set in October. A weaker dollar makes bullion more appealing for