KUALA LUMPUR: Gold, which saw a decline in price amid a breather in the US-China trade tensions, is expected to regain traction – potentially re-testing and surpassing its all-time high – driven by expectations of US interest rate cuts, strong physical demand and a structurally weaker US dollar.
The precious metal is currently trading around US$3,150 per ounce, below its record high of US$3,500 a month ago.
