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A global stock market slump like the one taking hold Thursday would typically lead to rising gold prices. But even the precious metal is struggling to make gains. Gold futures fell 0.5% to $3,150 per ounce early in the day after hitting another record settlement high of $3,
Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S. President Donald Trump announces reciprocal tariffs that would escalate a trade war. Spot gold was up 0.