Gold soars to record high on trade war concerns, weaker dollar


GOLD prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally.

Spot gold had advanced 1.7% to $3,383.87 an ounce as of 0246 GMT, after hitting a record high of $3,384 earlier in the session.

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