Gold is one of the strongest-performing major commodities, up by more than a quarter this year amid Donald Trump’s aggressive trade policy, conflicts in the Middle East and Ukraine, and central bank buying. Most of gold’s gains took place in the first four months of the year. After hitting a record high above $3,500/oz in April, it has traded within a tight range over the past few months, failing to break above that level again. However, with US rate cuts bets intensifying, gold could be poised for another fresh record high. With both US growth and inflation worsening, traders are now pricing in a 93% chance that the ... (full story)