The price of gold briefly reached a new record, selling for $2,790.15 per ounce as investors focused on the recent developments in the ongoing crisis in the Middle East, the presidential election in the United States, and the prospects of potential new rate cuts by the Federal Reserve.
After reaching a new all-time high, gold declined 0.04% at 9:49 pm ET, selling for $2,786,02 per ounce. Silver lost 0.13% a minute later, going for $33,73 per ounce. Platinum was down 0.17% to sell for $1,012,53 per ounce whereas palladium dropped 0.33% at 9:51 pm ET, trading at $1,134,17 per ounce.
