Gold price buying remains unabated; fresh all-time high and counting amid trade jitters

  • Gold price (XAU/USD) scales higher for the second straight day on Wednesday – also marking the fifth day of a positive move in the previous six – and touches a fresh record high, around the $3,283-3,284 area during the Asian session. The initial market reaction to US President Donald Trump's decision last week to pause reciprocal tariffs for 90 days fades rather quickly amid rapid shifts in policy announcements.