Gold breaks $5,400: Fed hold and Trump pressure keep investors piling into bullion
Gold jumped above $5,400 an ounce late Wednesday, hitting a record as investors bought heavily despite the Federal Reserve holding rates steady. Spot gold reached $5,418.39 before settling at $5,415.52. Oil rose with Brent crude closing at $68.40, while sterling slipped to $1.38. Silver traded near $116.61 an ounce.