As is known, the price of gold is sensitive to fluctuations in interest rates because it affects the opportunity cost of holding bullion that does not generate a return. At the start of April trading, gold futures rose to their highest levels ever. The yellow metal price was on edge with expectations that the Federal Reserve would cut US interest rates in June. But is there more behind the rise in the price of the yellow metal? This is what some of the gold bulls are emphasizing. According to gold trading platforms, the price of an ounce of gold rose to the resistance level of $2265, the highest in the history of the ... (full story)