Gold climbs above $3,500 for first time as Wall Street rallies after slide

Graeme Wearden - TheGuardian - 19:35
Dollar also recovers after Monday’s sell-off prompted by Trump’s attack on Federal Reserve chair caused alarm among investors

Gold has climbed above $3,500 an ounce for the first time while stocks on Wall Street and the dollar rose following Monday’s sell-off that was prompted by Donald Trump’s blistering attack on the Federal Reserve chair, Jerome Powell, caused alarm among investors.

Spot gold reached the record price of $3,500.01 on Tuesday, extending a rally that has pushed bullion up from $2,623 an ou...
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