Asian Shares Are Mixed and Gold Sets a Fresh Record High of Over $3,550 Per Ounce

News Snapshot:

BANGKOK (AP) — The price of gold hit a new record and world shares were mixed on Tuesday after U.S. markets were closed for the Labor Day holiday. The spot price of gold, traditionally a haven for investors in times of uncertainty, gained 1.4% to $3,571.50 per ounce early Tuesday. That surpassed an intraday record of $3,509.90 an ounce set in April. President Donald Trump' s challenges to the U.S. Federal Reserve and other institutions has shaken faith in the U.S. dollar, prompting a shift into other investment options such as gold. “That’s not just a price tick; it’s the...