Gold Surges To All-Time High On Concerns Over Fed Autonomy

Gold prices hit a record US$3,500 an ounce as worries over the Federal Reserve’s independence dented consumer confidence. David Chow, Director at Azure Capital, warns the longer-term outlook for the US economy is skewed to the downside, even if August unemployment figures show a modest uptick.Image Credit: Shutterstock.comSee omnystudio.com/listener for privacy information.