Gold prices climbed to close to record highs, after the Federal Reserve raised interest rates by 25 basis points, and hinted that it may refrain from further rate hikes.
Spot gold rose 0.8 percent to $2,055.54 an ounce, while U.S. gold futures rose 1.3 percent to $2,063.20 an ounce. Earlier in the session, gold prices rose to $2,072.19 an ounce, approaching all-time highs of $2,072.49 an ounce reached in 2020.
Source (Al-Arabiya.net Website, Edited)
