LOADING...

Gold prices pause after wild rally, as Fed sends mixed signals

Business

Gold's recent surge has hit the brakes, with prices holding steady while Federal Reserve officials debate what's next for interest rates.
Chicago Fed President Austan Goolsbee said it would have been "more prudent" to wait for further information before making any moves, especially after a government shutdown delayed key economic reports.
This uncertainty is keeping everyone guessing about where gold might go from here.

Gold and silver are having their best year since the '70s

If you've been watching metals, it's been a wild ride—gold is up over 60% this year and silver has more than doubled.
Central banks are snapping up gold, and investors are ditching bonds for shiny stuff instead.
Silver even hit a record high thanks to worries about supply shortages.
Both metals are on track for their best performance since 1979—pretty impressive!