Gold climbed on Wednesday to hit a record, while silver breached the $90 mark for the first time, as softer-than-expected U.S. inflation readings cemented bets for interest rate cuts amid ongoing geopolitical uncertainty.
Spot gold rose 1% to $4,632.03 per ounce as of 0715 GMT, after hitting a record high of $4,639.42 earlier in the session.
