Gold gathers bullish momentum and trades at a new record-high above $3,660 on Tuesday. At the time of press, XAU/USD was up 0.85% on the day at $3,666.
Aluminium cancelled warrants on the LME surged by 32,000 tonnes to 42,850 tonnes, the highest since early June, marking the largest daily increase since January.
GBP/USD rose further on Monday, extending another 0.35% to recapture chart territory north of 1.3550. General market sentiment is banking on an interest rate cut at the Federal Reserve’s (Fed) next meeting on September 17, thanks to rapidly deflating employment figures in the United States (US).