💨 Abstract

Gold prices are near record highs, hovering just below last week's peak, as investors anticipate another U.S. interest rate cut in November following the recent 50 basis point reduction. Gold prices have risen over 14% this quarter, with a 6% increase in September, due to the Fed's rate cut, Chinese stimulus, and Middle Eastern tensions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖