Silver reached its highest level since 2012, while gold hit a new record as expectations for further Federal Reserve interest-rate cuts boosted precious metals. Silver climbed to $32.71 an ounce, extending this year’s gain to 37%. Gold hit a record of $2,685.58 an ounce before paring gains to trade at $2,664.85.
Shares slip in Asia, dollar firm as inflation, earnings loom
The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in
January 13, 2025