PRECIOUS - Perfect Storm Steers Gold to Another Record High; Silver Jumps

May 21, 2024, 06.16 AM | Source: Reuters
PRECIOUS - Perfect Storm Steers Gold to Another Record High; Silver Jumps

ILUSTRASI. PRECIOUS - Perfect Storm Steers Gold to Another Record High; Silver Jumps. REUTERS/Alexander Manzyuk

HARGA EMAS HARI INI - May 20 (Reuters) - Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak.

Spot gold XAU= rose 0.9% to $2,435.96 per ounce as of 2:26 p.m. ET (1826 GMT) after hitting a record high of $2,449.89 earlier in the session.

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