Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.Spot gold was at $2462 at the time of the MCX closing. The MCX August Gold was at Rs 74,255, up around 1.10 per cent, at the time of the MCX closing.The US Yields and Dollar <div style="box-sizing: border-box; margin: