Investors flock to gold funds as fears over Trump tariffs mount

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Investors are pouring cash into gold funds at the fastest pace since the Covid-19 pandemic, amid mounting concerns over the economic impact of US President Donald Trump’s tariff war.

Gold reached a record $3,148.88 a troy ounce on Tuesday, taking gains this year to 19 per cent — including its strongest quarterly performance since 1986 — as part of a broader flight to…