ChainCatcher news, according to Golden Ten Data, in the early European trading session, gold mining stocks in the UK, US, and South Africa generally rose, as gold futures closed at a record high on Monday and continued to reach a new high of $3,731.9 per ounce in early trading on Tuesday. Market observers are closely watching the Federal Reserve's interest rate decision this week, with a general expectation of a rate cut. IG Group analyst Chris Beaucham pointed out that a rate cut would be a bullish factor for gold, as it would suppress the US dollar, making it cheaper for investors holding other currencies to buy gold.