Gold (GC=F) futures opened at a record $4,130.90 per ounce on Tuesday, up 0.5% from Monday’s close of $4,108.60. The price of gold also rose in early trading to a record $4,190.90. The trade conflict between the U.S. and China ramped up Tuesday when Beijing prohibited business dealings with five U.S. subsidiaries of Hanwha Ocean, a South Korean shipmaker. While the move follows President Trump’s escalated tariff threats, it continues a longer-running, industry-specific dispute between the two countries. U ...