Gold (XAU/USD) shines bright at the start of the new week, climbing past $3,800 for the first time and reaching a fresh record high. At the time of writing, XAU/USD is trading near $3,825, up around 1.70% on the day, extending its record-breaking rally into a seventh straight week.
In an interview with CNBC on Monday, Federal Reserve Bank of Cleveland President Beth Hammack said that they need to maintain a restrictive stance of policy, citing pressure in inflation, especially services.
SWIFT is reportedly planning to test payment transactions and messaging on-chain in partnership with over a dozen big banks, using the Ethereum Layer-2 network Linea.