Federal Reserve rate cuts

Gold prices hit a record-breaking $2,600 per ounce, fueled by Federal Reserve rate cuts and geopolitical tensions. While some analysts expect a correction, the safe-haven demand may continue.

Gold prices fell nearly 1% as traders await crucial U.S. inflation data and Federal Reserve signals on future rate cuts, keeping the market on edge.

Gold prices set a new record high as traders anticipate potential Federal Reserve rate cuts, driven by inflation trends and geopolitical uncertainties.