The Factors Driving the Gold Price to New Highs
Geopolitics, hopes of lower interest rates, and monetary uncertainty, are all helping the yellow metal.
Gold is at a record in pounds too.
Photographer: Chris Ratcliffe/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
I wrote about gold just last week, but I thought we should revisit the topic, because it has now hit a fresh record high.