Gold price hits a new record high on a weaker dollar and expectations of a US interest rate cut | NYGazet

Gold sailed past $3,500 per ounce to a record high Tuesday, as a weaker dollar and mounting expectations of a Federal Reserve interest rate cut in September boosted the precious metal’s appeal.

Interest rates Investing Federal agencies Donald Trump See all topics Follow Reuters — Gold sailed past $3,500 per ounce to a record high Tuesday, as a weaker dollar and mounting expectations of a Federal Reserve interest rate cut in September booste... [2322 chars]