Gold surged to an all-time high

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Gold surged to an all-time high as the second quarter began, continuing its upward trajectory fueled by the Federal Reserve’s indication of potential rate cuts and escalating geopolitical conflicts. The price of bullion soared to a peak of US$2,260 per ounce on Monday morning, marking a 1.3% increase from Thursday’s closing price, following a series of record highs in recent trading sessions.