Reuters
Gold prices climbed to a record high above $4,100 on Tuesday on increased U.S. Federal Reserve rate cut prospects, while resurgent U.S.-China trade woes boosted safe-haven bets, including those for silver, which also reached an all-time peak.
Spot gold rose 1.7% to a record high of $4,179.48 per ounce, as of 0521 GMT.
U.S. gold futures for December delivery gained 1.3% to $4,187.50.
Gold has surged 57% year-to-date, breaking the crucial $4,100 threshold for the first time on Monday.
Spot gold rose 1.7% to a record high of $4,179.48 per ounce, as of 0521 GMT.
U.S. gold futures for December delivery gained 1.3% to $4,187.50.
Gold has surged 57% year-to-date, breaking the crucial $4,100 threshold for the first time on Monday.
