Gold Futures Climb on Rate Cut Bets and Geopolitical Uncertainty

Gold futures saw continued gains on Monday, driven by heightened expectations of a Federal Reserve rate cut later this month and ongoing geopolitical tensions. Trading prices are around $3,547 per ounce, representing a 0.88% increase for the day, with an intraday high of $3,557.10 per ounce. FxPro analyst Alex Kuptsikevich observed that both macroeconomic and geopolitical events have positive implications for precious metals markets.