Gold eases after record high on knock-on effect of wider selloff
Government
Gold prices trimmed losses on Thursday after falling over 2 per cent from an all-time high, as a wider market selloff triggered by U.S. President Donald Trump's import tariffs infected bullion traders. Spot gold fell 0.8 per cent to $3,108.55 as of 11:27 a.m. EDT (1527 GMT) after earlier scaling a record high $3,167.57. U.S. gold futures fell 1.1 per cent to $3,132.40. Traders attributed the dip to some profit-taking and margin calls in other asset classes likely prompting investors selling
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