Gold Climbs to Three-Month High

Gold extended its recent rally on Tuesday morning, touching its highest price in three months. The advance is being driven by expectations of Federal Reserve monetary easing, a weaker dollar, and heightened demand for safe-haven assets amid stock market uncertainty. Silver, meanwhile, is holding above $68 an ounce despite a slight pullback from its recent surge. For Kazakhstani investors, the rally in precious metals could prompt a reassessment of defensive asset allocations, particularly given ongoing tenge volatility. Analysts say further moves will hinge on the Fed's tone at the upcoming symposium and incoming U.S. inflation data.