Gold prices reached a fresh all-time high on Tuesday but oil prices were choppy and base metals retreated as US dollar volatility limited momentum for commodity markets.
Gold hit $1,068.30 a troy ounce, a record, pushing past the previous peak of $1,061.20 reached last Thursday as bullion’s record-breaking run showed little sign of exhaustion. Gold later eased back to $1,064, up 0.8 per cent on the day.
