Investors flocked to Safety: Dollar Weakens, Euro Strengthens, Gold hits fresh record High
Gold prices hit fresh record highs, with London prices rising 1.7% to $1,935.90 a troy ounce and New York prices climbing 1.8% to $1,930.80 a troy ounce. Ahead of the Federal Reserve’s interest rate announcement later this week, the U.S. dollar is weakening thanks to what some Nordea Investments’ Sebastian Galy calls a “W-shaped” economic […]