Gold Prices Hit Record Highs Amid Rate Cut Hopes and Safe-Haven Demand
• Gold futures extended their rally on Tuesday and marked a third consecutive session at a record settlement • Weak U.S. economic data lifted expectations that the Federal Reserve will cut interest rates later this year • Declines in the U.S. dollar and Treasury yields raised safe-haven investment interest in gold • Gold's rally don't call it a gold rush, one analyst said • Access marketwatch articles from any device, anywhere, anytime by subscribing