Gold Hits Three-Week High

Gold continued its gains on Tuesday, reaching its highest level in about three weeks, supported by rising expectations that the U.S. Federal Reserve may implement another interest rate cut in December, boosting demand for the safe-haven metal.اضافة اعلان

According to Bloomberg, the spot price of gold rose 0.4% to $4,131.83 per ounce, while U.S. gold futures for December delivery increased 0.4% to $4,138.70 per ounce.