Gold price surges past $3,280 on US Moody's downgrade and geopolitical risks

  • Gold price advances for the second straight day on Tuesday as the Greenback continues to print losses due to uncertainty about trade policies and the fiscal health of the United States (US) following last Friday's Moody's US debt downgrade. The XAU/USD trades at $3,278, up by more than 1.50% at the time of writing.