Gold prices firmed on Thursday, hovering near a record peak hit in the previous session as traders ramped up bets of a start to interest-rate cut cycle by the U.S. Federal Reserve, constraining gains in the dollar and Treasury yields.
Spot gold GOLD was up 0.2% at $2,464.13 per ounce as of 1006 GMT, having hit an all-time high of $2,483.60 on Wednesday. U.S. gold futures GOLD also climbed 0.3% to $2,467.30.
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