Gold Climbs as Markets Await Fed Meeting Outcome

As expectations that the Central Bank will lower rates of interest continue to grow, the price of gold continues to surge, boosted by inflows into ETFs backed by gold. Data shows that collectively, about 17 metric tons of gold have been added to bullion-backed ETF holdings in the last week, underscoring resilient investor demand. 

Platinum has also seen its price exceed $1,400 per ounce. This price boost is welcome news to extraction companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) that could see their…

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