Gold shoots higher, closes in on the February high

Gold up another $18

Gold has jumped higher in three of the past four days and is now within striking distance of the highs of the year.

Gold up another $18

$1246.82 was the high in February and is posing some resistance at the moment. Gold is undoubtedly overbought in the short-term but it's reacting to the growing likelihood of US rate cuts due to a slowing economy.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access