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Ann: PFS Update, page-31

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    METALS

    Gold shatters record highs, notches third straight weekly gain on buying momentum.

    Gold prices climbed on Friday to hit a fresh record high, as multiple factors including U.S. interest rate cut bets, speculative buying and central bank purchases kept bullion’s record rally active despite strong U.S. job growth in March.

    Spot gold gained 1.5% to $2,323.237 per ounce, after hitting a record high of $2,330.06 earlier in the session. Bullion rose over 4% this week and logged a third straight weekly gain.


    U.S. gold futures settled 1.5% higher to $2,342.7

 
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