Gold prices settled on Tuesday, after hitting an all-time high in the previous session, following comments from officials at the US Federal Reserve (central bank) that supported additional interest rate cuts in the future.
Gold recorded spot transactions about $ 2625.52 an ounce after hitting a record high of $ 2635.29 on Monday. U.S. gold contracts fell 0.1 percent to $2,650.30 an ounce.
Source (Al-Arabiya.net Website, Edited)
