
Gold rose to a new record high on Friday (11/4) as concerns about the impact of tariffs on the global economy continued to drive investors to seek safety in the precious metal even after U.S. inflation data eased.
Bullion edged up in early Asian trading on Friday (11/4) to above $3,204 an ounce. That surpassed the previous record set in the previous session, when it closed more than 3% higher for a second straight day.
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