LIVE 1 hour ago Gold Hits New Record With Trade, Rate Cuts in Focus By Giulia Petroni, Dow Jones Newswires Gold prices climb to a new record, as U.S.-China trade frictions and growing expectations for further interest- rate cuts boost the precious metal's appeal. Futures in New York rise 1.9% to $4.281.70 a troy ounce after reaching $4,283.90 earlier, while spot gold is up 1.6% to $4,207.77 an ounce. Bullion has gained nearly 8% this week, also supported by growing political uncertainty in the U.S. "With th ...