Gold settled near a record high on Tuesday, supported by safe-haven demand amid fears that U.S. President Donald Trump's tariff plans could fuel inflation and ignite a major global trade war. Spot gold was little changed at $2,950.39 an ounce, about $6 below the all-time high of $2,956.15 hit on Monday. U.S. gold futures rose 0.1 percent to $2,967.40. The rise in gold prices is due to tariff risk factors, with the extended tariff deadline on Mexico and Canada approaching next week.
Source (Al-Khaleej Emirati Newspaper, Edited)
