"Gold Reaches Record High Amid Global Tensions and Inflation Anticipation"

Gold reaches a new record high as investors await US inflation data, with economists predicting signs of easing in March. The potential for lower rates from the Federal Reserve makes gold more attractive, despite the lack of a clear trigger for its recent 18% surge. Geopolitical risks and central bank buying have contributed to the metal's bullish momentum, with traders continuing to buy on dips. Spot gold rose to $2,360.35 an ounce, while Treasury 10-year yields climbed to their highest since November in anticipation of the inflation data.