Gold nears all-time high as investors await Trump tariff plan
Government
Gold prices rose back towards their record high on Wednesday, supported by safe-haven demand as markets braced for U.S. President Donald Trump's latest tariff plans later in the day. Spot gold was up 0.5 per cent to $3,125.82 an ounce at 10:32 a.m. EDT (1432 GMT). U.S. gold futures were up 0.6 per cent to $3,163.20. "Risks remain that tariffs could stoke inflation, which has buoyed gold prices. While a U.S. recession is not our base-case scenario, the risk of such has helped maintain strong
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