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Gold extends record run on strong safe-haven inflows
Gold prices extended their record run on Wednesday, as persistent market uncertainty and growing investor confidence that the U.S. Federal Reserve will cut interest rates this month lifted demand for the safe-haven metal. Spot gold was up 0.1% at $3,537 per ounce, as of 0145 GMT, after hitting an all-time of $3,546.99 earlier in the session. U.S. gold futures for December delivery gained 0.3% to $3,602.50. Heightening uncertainty and potential trade tensions in the market, U.S. President Donald Trump’s administration said it will ask the Supreme Court for an expedited ruling on tariffs that a U.S. appeals court ... (full story)
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