Posts Tagged
George Berg
Gold Surges to Highest This Year as Turmoil Skewers Rate Outlook
©2016 Bloomberg News O1JL936KLVRA (Bloomberg) — Gold surged to the highest level in more than two months as demand for haven assets strengthened due to a global retreat in stocks and a renewed slump in oil, with investors scaling back bets about the pace and timing of U.S. interest rate increases.