Gold Sets Record, Finding New High Near $3,000/oz
“Any further developments in trade conflicts will be decisive,” says Quasar Elizundia of Pepperstone in a note. Futures are up 0.4% at $3,004.0 a troy ounce, having reached a record high of $3,017.10/oz earlier in the session. Gold jumped after February’s U.S. inflation figures showed weaker-than-expected price pressures, Commerzbank analysts say in a note.