![Amidst fears of inflation, gold prices are falling, but a record high is in reach.](https://market-tracker.in/wp-content/uploads/2022/12/new-zealand-gold-merchants-gold-for-sale-in-new-zealand-1-1.jpg)
Amidst fears of inflation, gold prices are falling, but a record high is in reach.
Tuesday’s Asian trading saw a decline in gold prices, but they were still at record highs due to the demand for safe-haven assets brought on by worries about an Iranian attack on Israel. Gold futures expiring in December dropped 0.1% to $2,501.45 an ounce, while spot gold declined 0.4% to $2,460.78. While spot prices continued…