Gold Falls After U.S. Interest Rate Cut, Silver Hits Another Record High

Gold retreated on Thursday after reaching its highest level in nearly a week, as a split within the U.S. Federal Reserve over its interest rate cut left investors uncertain about the pace of monetary easing next year. Meanwhile, silver recorded another all-time high.اضافة اعلان

Spot gold fell 0.2% to $4,221.49 per ounce by 03:00 GMT, after touching its highest level since December 5 earlier in the session.

U.S. gold futures for February delivery rose 0.6% to $4,249.70 per ounce.

Reuters