Gold and silver surged to record highs after the US Justice Department targeted the Federal Reserve in an investigation, fuelling fears over the bank’s independence and raising demand for safe-haven assets.
Gold vaulted toward $4,600 an ounce and silver approached $85 for the first time after Fed chair Jerome Powell warned that a potential criminal indictment is part of President Donald Trump’s pressure campaign on monetary policy decisions.
Search on Sells.ng Nigeria's First Ecommerce Shopping Search Engine ...For More About This Post: Asian Equities Edge Up, Dollar Slides As US Fed Reserve Subpoenaed
AFP
The post Gold, Silver Hit Records After US Probe Targets Fed appeared first on Channels Television.