Gold extends record run as Fed’s Powell hints at rate cuts

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[Read more]( Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! Sponsored [CLICK HERE TO GET HIS INCOME SECRETS]( *No Credit Card Required Gold extends record run as Fed’s Powell hints at rate cuts Mar 7, 2024 Gold prices extended gains to hit an all-time high on Thursday after comments from U.S. Federal Reserve Chair Jerome Powell fostered expectations for lower U.S. interest rates this year. Gold tends to thrive when interest rates are low, which reduce the opportunity cost of holding non-yielding bullion. 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