200 an ounce for the first time thanks to dovish Powell

[ad_1] (Bloomberg) — Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it is not alarmed by a recent spike in inflation. . Bloomberg’s Most Read Bullion rose as much as 1.6% to a record $2,220.89 an ounce in early … Read more