Gold prices surged to an all-time peak on Tuesday, driven by U.S. economic and political uncertainties and anticipated Federal Reserve interest rate cuts. Despite some Fed officials signaling caution on further reductions, markets are pricing in more cuts. This environment, coupled with strong central bank buying and investor demand for hedges, propelled gold’s significant year-to-date gains.
US stocks: US market falls as higher oil prices, Treasury yields weigh
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential