ALBAWABA - Today's historic peak in gold prices of $2,583.30 per ounce was fueled by rumors that the Federal Reserve may cut interest rates. Additionally, Palladium is expected to have its best week in nine months. This afternoon, the price of gold spot surged by 1%, while the price of U.S. gold futures gained by 0.7% to $2,598.10. For investors holding foreign currencies, gold became less costly when the dollar ...