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Gold hits record high as China-US tariff war drives safe-haven demand

Gold prices touched an all time-high on Wednesday, underpinned by safe-haven demand after China responded to U.S. tariffs, which were initially imposed by President Donald Trump on the world’s largest consumer of gold.

FUNDAMENTALS

* Spot gold was up 0.2% at $2,847.33 per ounce, as of 0044 GMT,…

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