Gold Breaks Through $4,600

Gold prices climbed 2%, breaking through $4,600 a troy ounce on news that U.S. prosecutors are investigating Federal Reserve Chair Jerome Powell and as heightened geopolitical risks spur safe-haven demand.Powell called the investigation a pretext as part of President Donald Trump's campaign to pressure the U.S. central bank to lower interest rates. Meanwhile, the capture of Venezuela leader Nicolas Maduro and escalating unrest in Iran are keeping geopolitical risks elevated, likely supporting central bank b ...