💨 Abstract

Gold rose slightly on Monday, building on last week's historic milestone, as geopolitical tensions, trade frictions, and expected interest rate cuts in the U.S. boosted safe haven demand. The metal hit a record high of $3,004.86 on Friday. Gold gained around 14% this year, due to stagflationary fears and increased political and inflation risks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖