Gold advanced to a record after the Federal Reserve pledged to keep interest rates near zero to bolster the recovery, weakening the dollar and boosting demand for precious metals as a store of value.
Immediate-delivery gold gained as much as 0.4% to $1,533 an ounce, and traded at $1,530.13 at 1:46 p.m. in Singapore. Bullion for June delivery in New York rose as much as 1.1%, $1,534, an all-time high,...
Global markets have seen heightened volatility during the coronavirus crisis and, here, Brendan McCurdy assesses the performance of more traditional 'safe haven' asset classes...
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