Gold Hits Record 5,092 Dollars as Dollar Falls After Trump Threats

Gold prices climbed to a record 5,092 dollars per ounce on Monday as investors sought safe-haven assets following trade threats from the Trump administration.The USA dollar weakened against major currencies after reports of Federal Reserve intervention to support the Japanese yen, which pressured Tokyo stocks and triggered a 1.9 percent drop in the Nikkei 225.Market instability deepened after Trump threatened Canada with 100 percent tariffs while Chuck Schumer warned of a potential government shutdown over Department of Homeland Security funding.