India, Aug. 27 -- Gold prices extended yesterday's gains on Wednesday as concerns about US President Donald Trump's assertion of influence over the Federal Reserve increased with the ouster of a Fed governor.
Front Month Comex Gold for August delivery climbed $16.00 (or 0.47%) to $3,404.60 per troy ounce.
Front Month Comex Silver for August delivery rose 10.70 cents (or 0.28%) to $38.689 per troy ounce.
On Monday, on his social media platform Truth Social, Trump posted a letter to Fed Governor Lisa Cook saying that she was removed from her post due to allegations of falsifying records to obtain a mortgage.
In response, Cook has vowed to file a legal case challenging her removal. The Fed stated yesterday that it would abide by any court ...