💨 Abstract

Gold fell on Monday, dropping from a record high, as a stronger dollar triggered profit-taking among investors, but geopolitical tensions kept prices above $2,600 per ounce. The precious metal is up over 27% this year and is seeing its biggest annual rise in 14 years. Investors are closely watching the Federal Reserve for future rate cuts, with the pace and trajectory of the easing cycle being key factors.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖