AsianFin -- Gold prices rose for a second consecutive day amid growing optimism that the Federal Reserve will resume interest rate cuts in the second half of the year. Investors also kept a close eye on ongoing U.S. trade negotiations ahead of the July 9 tariff deadline.

Bullion climbed 0.6% to around $3,323 an ounce, following a 0.9% gain on Monday, as market participants increasingly priced in the likelihood of at least two rate cuts in 2025. Attention now turns to the upcoming U.S. jobs report on Thursday, which could trigger a decline in Treasury yields—a development that typically supports gold prices.