A worker polishes gold bullion bars in Australia. — AFP
Gold prices briefly broke above $3,500 per ounce to an all-time high on Tuesday, after U.S. President Donald Trump criticised Federal Reserve Chair Jerome Powell, rattling investors and increasing demand for the safe-haven asset.
Spot gold was up 1.5% at $3,474.41 an ounce by 0743 GMT, after earlier rising as far as $3,500.05. U.S. gold futures gained 1.8% to $3,485.10.
