Gold prices touched $2,150 per ounce (€1,971 per ounce) during the trading session on Wednesday, 6 March, surpassing the previous all-time high of $2,146/oz (€1,968/oz) reached in December 2023. The precious metal has racked up a streak of seven consecutive green sessions, an event that had not occurred since August 2023. The push towards new record highs comes from the market’s growing expectations of the beginning of Federal Reserve rate cuts over the course of 2024. The latest data on the Personal Consumption Expenditures (PCE) price index – the preferred measure of inflation by Jerome Powe…