Gold Edges Up, Silver Hits Record as Investors Focus on US Rates
One kilogram gold bars at a smelter in Sydney, Australia.
Photographer: Brendon Thorne/BloombergGold edged higher as traders awaited the Federal Reserve’s near-certain rate cut and cues on its monetary easing in 2026. Silver climbed to a record high.
The rate on 10-year Treasuries fell after rising to the highest level since late September. Lower rates typically benefit bullion as it pays no interest.