Gold Soars to Over 7-Month High as Dollar Falls

Date: 26 January 2019 - 21:00

News ID: ۶۲۴۹۷

NEW YORK  (Reuters) - Gold has jumped over 1 percent to a more than a seven-month high, surpassing $1,305 as the dollar slid ahead of a U.S. Federal Reserve meeting next week where the central bank is widely expected to leave interest rates unchanged.
Spot gold rose 1.3 percent to $1,297.26 per ounce as of 2 p.m. EST (1900 GMT), having earlier touched a peak of $1,300.30, its highest since June 15. The metal was on course for its best week in four.