ISTANBUL Gold hit a new record of $3,508.9 on Tuesday, led by the rising possibility that the Fed may cut rates this month during its Federal Open Market Committee meeting. As the global fight against inflation continues, major banks’ monetary policy decisions are under the radar of investors. The Fed’s decision in particular will reveal the direction of the global economic outlook. Central banks are struggling to find policy space amid US tariffs. The Fed, under the constant criticism from US

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