US tariffs fuel value of gold

INVESTORS FLOCK TO BUY 'SAFE' ASSETI

- GRAHAM HISCOTT

A GOLD rush hit a new all-time high yesterday amid global economic and political jitters.

The precious metal raced above $4,000 (£2,982) an ounce for the first time, and shows no sign of slowing.

Investors have flocked to buy gold as it is seen as a safe-haven asset in troubled times.

Prices have been sent soaring in recent months, fuelled by US President Donald Trump's trade tariff war which kicked off in April.