Gold maintains record rally following Trump’s criticism of Fed chief
April 22 (Reuters) – Gold prices continued their record rally on Tuesday, driven by concerns over U.S. President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell, which dampened risk sentiment and drove investors towards the safe-haven bullion. Spot gold was up 1.4% at $3,472.49 an ounce, as of 0247 GMT, after touching a record high of $3,473.03 per ounce earlier in the session. U.S. gold futures firmed 1.7% to $3,482.40. “Investors have been giving a wide berth to U.S. assets amid tariff worries and Trump-Powell dramas, which has kept gold in prime position to capitalise on the dollar’s woes,”