(Reuters) -Gold raced to log a record high in early Asia hours trading on Tuesday, driven by economic uncertainty and as market participants saw possibilities of further rate cuts by the U.S. Federal Reserve.
Spot gold gained 0.3% to $3,970.59 per ounce by 2230 GMT after hitting a record high of $3,972.01 earlier, while U.S. gold futures for December delivery gained 0.5% to $3,994.10, also hitting a record high at $3,997/oz.
(Reporting by Anjana Anil in Bengaluru; Editing by Chris Reese)
