Gold prices surged to a new record high in afternoon trading, peaking at $3,084 an ounce as concerns over global trade tensions and an uncertain economic outlook spurred safe-haven demand.
Meanwhile, the latest US data showed the PCE price index - the Federal Reserve's preferred inflation gauge - rose 2.5% in the 12 months to February, still above the central bank's 2% target.
Source: Newsmaker.id