![Gold continues to hover around a record high as bets on rate cuts grow](https://market-tracker.in/wp-content/uploads/2024/08/Gold_Header_Image-600x400.jpg)
Gold continues to hover around a record high as bets on rate cuts grow
Wednesday’s gold prices didn’t move much, but they remained close to the record high they reached last week due to the Middle East crisis-driven demand for safe haven assets and the expectation of impending rate cuts by the US. spot gold was unchanged at $2,524.88 an ounce. On August 20, gold reached a record high…