After establishing a new closing record earlier today, gold prices are still rising.
In trade late Thursday, gold futures jumped beyond $3,200. In its biggest one-day percentage rise since April 9, 2020, the precious metal ended the day up 3.2% to $3,155.20 per troy ounce.
As global trade tensions escalate, investors are gravitating towards safe-haven assets, which has led to a significant surge in gold.
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