Gold touched an all-time high in yesterday’s session, boosted by expectations for US rate cuts, geopolitical tensions, and China’s economic woes. Gold tends to become more attractive in times of instability, and demand has been surging over the past two years. We believe this is likely to continue this year amid geopolitical tensions and the current economic climate. Gold rose to a high of $2,141.79/oz on Tuesday, surpassing the previous high reached in December. We think Federal Reserve policy will remain key for the outlook of gold prices in the months ahead. Higher borrowing costs are typically negative for gold, ... (full story)