General World News

Gold just surged above a key price of $1,500 an ounce and is now on track for its best year since 2010

gold bars

  • Gold surged above $1,500 an ounce Thursday as investors position for 2020.
  • The gain above a key psychological level comes as investors focus on the Federal Reserve’s actions and weigh if it will continue its pause in interest rate cuts next year.
  • The precious metal has gained 17% this year and is on track for its best performance since 2010.
  • Watch gold trade live on Markets Insider.

Gold price per ounce rose above $1,500 on Thursday, breaching a key psychological level for the precious metal, as investors weigh if the Federal Reserve will continue its pause in read more >>>

Source:: BusinessInsider.Com