Gold Prices Hit New Record High: 10 Things To Know

Globally, gold prices recovered to over $1,500 an ounce on Tuesday, following the previous session's steep fall, as focus turned to US Federal Reserve policy statements and growth concerns, news agency Reuters reported. Spot gold rose 0.4 per cent to $1,501.50 per ounce in intraday trade, after falling to a near one-week low of $1,492.10 on Monday. US gold futures gained 0.1 per cent to $1,513.40. "Globally, spot gold held stead...