August 26 News: Gold Surges as Fed Independence Faces Scrutiny
Gold Hits $3,379 as Fed Drama Unfolds Gold rose to about $3,379 per ounce on Monday after President Trump announced plans to remove Federal Reserve Governor Lisa Cook. The development unsettled markets, weakened the dollar and drove investors toward safe-haven assets. With legal disputes over Fed independence likely to continue, markets should expect elevated volatility … Read more