LONDON, Feb 23 Gold prices hit a three-month high on Thursday after the minutes of the latest Federal Reserve policy meeting further dampened expectations of an interest rate hike in March, lowering U.S. bond yields and stalling upward momentum in the dollar. Spot gold was on track for its biggest daily gain since Feb. 6, ...
Mining stocks are outpacing oil-related peers in a "reflation rally" sparked by U.S. President Donald Trump's election and the outperformance will last for at least another year if history is a guide.
In uncertain times, gold often becomes a popular investment because many investors see the precious metal as a safer haven than other options. Adding to gold’s allure is the strong performance of the metals sector in 2016.