Gold hits fresh record above $2,300
Hong Kong (AFP) April 4, 2024
Gold broke above $2,300 for the first time Thursday as it continued to surge on the back of expectations that US interest rates will come down this year and high geopolitical tensions. The precious metal has chalked up multiple records over recent weeks as the US Federal Reserve indicates it is about to begin easing monetary policy - which makes it more attractive to investors. Its popu