Donald Trump’s trade war—and the shock waves it has sent through the global economy and financial markets—has spurred surging investment in gold, one of the market’s most time-tested safe harbors. The price of gold hit a fresh intraday high on Tuesday of more than $3,500 a troy ounce. Even when adjusted for inflation, it is nipping at the heels of a record that dates back to 1980.
Historic gold rush under way
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