Gold Prices Hit Record High as Fed Rate Cut Hopes Rise
Gold prices soared to a record high on Wednesday. Strong safe-haven demand and expectations of a U.S. rate cut fueled the rally. Spot gold climbed 0.9% to $3,891.96 per ounce by 08:44 GMT. Earlier, it touched a new peak of $3,895.09. U.S. gold futures for December also gained 1.2%, reaching $3,918.60. Dollar Weakness Supports Gold […]









