Gold (GC=F) futures opened at a record $3,720.30 per ounce on Tuesday, up 1$3,682.20. The price of the yellow metal rose even higher in early morning trading. Gold’s latest record high comes as investors await an interest-rate cut from the Fed, expected to be announced Wednesday. The federal funds rate, a benchmark rate that affects what banks charge customers for loans, has been steady at 4.33% throughout 2025. The rate was nearly 0% for much of 2020 and 2021, but then hit a post ...