US EditionGold Price Today: Bullion Jumps Over 2%, but March Still Heads for Worst Month Since 2008
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Gold rose on Tuesday, but recorded its most pronounced monthly fall since October 2008, as persistent concerns about inflation and higher interest rate expectations due to the impact of the war in Iran.Cash gold rose 3.40% to $4,667.38 per ounce, its highest level since March 20.The futures of American gold closed with a rise of 2.7% to $4,678.60.The dollar went back, but registered a monthly gain.A stronger dollar increases the gold ingot, whos…
Gold Price Today: Bullion Jumps Over 2%, but March Still Heads for Worst Month Since 2008
Gold climbed over 2% to $4,608.16 an ounce Tuesday but was still set for its steepest monthly drop since October 2008. Silver jumped 4.9% to $73.37, while Brent crude hovered near $118 a barrel, heading for a record monthly gain. The Federal Reserve held rates steady and signaled a cautious stance amid inflation concerns driven by the Middle East conflict. The post Gold Price Today: Bullion Jumps Over 2%, but March Still Heads for Worst Month Si…
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