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Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Josh1 min read

Chinese saleswoman holding a gold bar.Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly softer Federal Reserve expectations sent traders scrambling back into bullion. The metal ran as high as roughly $4,434 to $4,435 before sellers finally stepped in. […]

Source: https://news.bitcoin.com/finance/gold-hits-2-month-high-above-4400-as-china-keeps-hoarding/

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