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Fed & yields

Gold Prices Climb Ahead of Fed Minutes and Economic Data

Gold Price Record $3400 for First Time in HISTORY
Gold Price Record $3400 for First Time in HISTORY

Spot gold prices ticked up as traders sought bargains after Tuesday’s drop, with markets bracing for the Federal Reserve’s meeting minutes.

Gold gained 26% this year and hit record highs in April, bolstered by global trade tensions and central bank buying. Goldman Sachs highlighted gold’s appeal amid U.S. economic uncertainty, central bank pressures, and persistent demand.

Focus remains on key U.S. economic data and comments from central bank officials later this week.

Eight more from the desk

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