Gold hovers near record high on safe-haven demand, US rate-cut bets
Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal.FUNDAMENTALS* Spot gold was up 0.2% at $4,363.58 per ounce, as of 0106 GMT, having hit a record high of $4,381.21 on Monday.