💨 Abstract

Gold prices surged to a one-week high on Tuesday, driven by a weaker U.S. dollar and anticipation for Federal Reserve comments on interest rates. Spot gold climbed 0.4% to $2,623.54 per ounce, and U.S. gold futures rose 0.5%. The U.S. dollar softened due to profit-taking after last week's rally.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖