Trump's tariff threats extend safe-haven gold's record rally


A worker polishes gold bullion bars — AFP

Gold prices jumped more than 1% on Monday to hit a record high, as safe-haven demand surged on fears of a global trade war after U.S. President Donald Trump announced new tariff plans.

Spot gold was up 1.5% to $2,903.19 per ounce, as of 1153 GMT, after hitting a record high of $2,905.98 earlier in the session - its seventh record this year.

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Gold , safe-haven , trade war , Donald Trump , tariff

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