The Federal Reserve's recent pivot toward lower interest rates has helped accelerate the commodity's gain in recent months, given it is a non-yield-bearing asset.
Ines Ferré is a Senior Business Reporter for Yahoo Finance, with a focus on national news in the United States. With a bilingual background and being born in Buenos Aires, Ines brings a global perspective to her reporting. Her work has been featured in various publications, including Yahoo News, AOL, and Yahoo Finance Australia.