Gold prices charged to another record high on Tuesday, aided by broadly dovish comments from U.S. Federal Reserve officials and escalating tensions in the Middle East. Spot gold gained 0.3% to $2,636.

Gold climbed to a fresh all-time high ahead of US economic data that may offer clues on the path forward for further rate cuts by the Federal Reserve.Most Read from BloombergThe Moonshot Plan to Eliminate Deaths on America’s RoadsAOC Proposes $30 Billion Social Housing AuthorityBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportNew York City’s Transit System Plans $65.

Gold surged to a new all-time high as traders absorbed economic data and comments from policymakers, while anticipating a series of key economic reports that could provide insight into the potential e