Gold prices rose over 1% on Wednesday as investors avoided riskier assets despite stronger-than-expected private U.S.
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Read more at The Business Times.
US stock indices hit record highs and analysts believe that some investors are taking profits, especially in AI-related stocks.
Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.
Stocks were higher on Wednesday, a day after Wall Street witnessed a sell-off as the AI-tech rally halted as investors grew ...
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