Gold keeps printing record highs on rising geopolitical tensions, Fed rate cut bets

Gold prices (XAU/USD) are approaching record highs during Asian trading hours on Tuesday. The precious metal has increased by 10% over the past month and nearly 70% in 2025 due to rising geopolitical tensions and economic uncertainty, boosting demand for safe-haven assets. Recent reports indicate that expectations for a Federal Reserve rate cut are contributing to the rise in gold prices, as inflation pressures and concerns about economic growth prompt investors to seek refuge in gold. The increasing geopolitical risks are also enhancing gold's appeal as a stable asset. Traders may consider capitalizing on the upward trend in gold prices, especially as long as the movement continues to breach previous highs, but adjustments for profit-taking may be necessary at current levels. Key indicators such as Federal Reserve policy announcements and economic data releases will be crucial for market sentiment going forward.