Singapore, Gold prices rose on Tuesday, hovering near a record peak hit in the previous session as recent economic data boosted bets that the US Federal Reserve would start cutting interest rates later this year.Spot gold was up 0.1% at $2,428.14 per ounce. The bullion hit a record high of 2,449.89 on Monday.US gold futures fell 0.3% at $2,431.80.Spot silver rose 1.3% at $32.25 per ounce, platinum was down 0.1% at $1,045.80, and palladium lost 0.4%to $1,023.25.Source: Qatar News Agency