Gold reclaims $4,000 level on softer US dollar, rate-cut prospects

Gold prices are climbing again, surpassing the $4,000 mark. A weaker US dollar and anticipated Federal Reserve rate cuts are boosting the precious metal. Investors are watching for signals from the Fed's upcoming meeting. Meanwhile, progress in US-China trade talks could present a challenge for gold. Other precious metals like silver, platinum, and palladium are seeing declines.