KRASNOYARSK, RUSSIA (MAY 27, 2024) (AAVN - ACCESS ALL) (FILE FOOTAGE) SHOTLIST 1. WORKERS SORTING GOLD BULLIONS (TWO SHOTS) 2. VARIOUS OF WORKER WRITING INFORMATION ON GOLD BULLION BY MACHINE 3. VARIOUS OF GOLD BULLIONS ISTANBUL, TÜRKİYE (JANUARY 20, 2025) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 4. VARIOUS OF GOLD COINS AND BULLIONS IN SHOWCASE OF JEWELRY STORE 5 . VARIOUS OF GOLD JEWELRY IN JEWELRY STORE WINDOW 6. VARIOUS OF SILVER COINS AND BULLIONS KRASNOYARSK, RUSSIA / ISTANBUL, TÜRKİYE: The price of gold rose by 0.22% on Tuesday, hitting a historic high of $3,755 as of 0730GMT Tuesday. Gold has hovered between $2,536.91 and $3,755 in the last 12 months, gaining 42.8%. Market expectations for more rate cuts from the Fed have had strong effects on commodity prices, particularly gold. Following US President Donald Trump's insistence, the Fed cut its policy rate by 25 basis points last week. For the Fed's October and December meetings, markets expect new rate cuts. Weak inflation figures and increasing unemployment data, as well as Trump, have pushed the Fed to lower the interest rates. [Note: File footage]