Gold hits record high as U.S.-China trade war intensifies, dollar weakens
Gold prices jumped nearly 3% to an all-time high on Thursday, as a drop in the dollar and an escalating trade war between the U.S. and China drove investors towards the safe-haven allure of the precious metal.
Spot gold climbed 2.5% to $3,158.28 an ounce, after hitting a record high of $3,171.49 earlier in the session. ...