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The Independent UK

National

Elaine Kurtenbach

Asian shares are mixed and gold sets a fresh record high of over $3,550 per ounce

Donald Trump Gold United States Vladimir Putin

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

The price of gold hit a new record and world shares were mixed on Tuesday after U.S. markets were closed for the Labor Day holiday.

The spot price of gold, traditionally a haven for investors in times of uncertainty, gained 1.4% to $3,571.50 per ounce early Tuesday. That surpassed an intraday record of $3,509.90 an ounce set in April.

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