Powell DOJ threat shakes markets: gold tops $4,600 as dollar slips and Dow futures dip
Gold hit a record above $4,600 an ounce Monday as the dollar index fell 0.34%. Global central bank chiefs issued a rare joint statement backing Fed Chair Jerome Powell after the Justice Department served grand jury subpoenas tied to his Senate testimony. U.S. stock index futures dipped ahead of December CPI data. JPMorgan’s profit dropped after a one-time Apple Card charge.