💨 Abstract

Gold reached a new record high on Tuesday due to increased safe-haven demand amid Middle East tensions and expectations of further U.S. interest rate cuts. Spot gold was up 0.3% at $2,636.20 per ounce, while U.S. gold futures gained 0.3% to $2,660.80.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖