Gold hits record high as US-China trade concerns boost safe-haven demand

Gold hits record high as US-China trade concerns boost safe-haven demand

Gold prices climbed to a record high on Monday, driven by safe-haven demand on fresh U.S.-China trade concerns, while broader economic and political uncertainties and expectations of further U.S. interest rate cuts also lent support. FUNDAMENTALS * Spot gold was up 0.6% at $4,043.14 per ounce, as of 0059 GMT, after hitting an all-time high … Read more