Gold hits new record as Trump ramps up pressure on Venezuela

President Donald Trump is pushing for regime change in Venezuela Gold and silver hit record highs on Monday, fuelled by rising tensions off the coast of Venezuela and the prospect of US interest rate cuts. The price of gold jumped as high as $4,420 (£3,290) per troy ounce in early trading in London, benefitting from a gain of almost 2pc. The latest surge in prices has been triggered by Donald Trump’s blockade and seizure of Venezuelan oil tankers, leading traders to rush into safe haven assets. Invest ...