Gold Prices Soar to New Heights Amid Fed Cut Expectations and Geopolitical Tension

Gold prices remain near record highs as traders monitor U.S. inflation and interest rate cues, while copper rebounds on potential Chinese production cuts and silver futures hold steady. The market awaits U.S. PCE data and Federal Reserve communications for interest rate guidance, with precious metals reacting to dollar strength and interest rate prospects. Gold, silver, and copper prices show bullish trends, with key support and resistance levels indicating potential for further gains, while market sentiment remains influenced by upcoming economic events and responses.