Gold climbs to record high on safe-haven demand; Fed decision in focus


GOLD prices rose to hit a record high on Wednesday, as tensions in the Middle East and trade uncertainties lifted the bullion's safe-haven appeal, while traders awaited the Federal Reserve's decision due later in the day.

Spot gold was up 0.2% at $3,041.37 an ounce, as of 0540 GMT, after hitting an all-time peak of $3,042.95 earlier in the session.

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Gold , bullion , precious , metal , safe haven , tariffs , trade

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