Gold prices surged to a record high on Thursday, as fears of a global trade war sparked by U.S. President Donald Trump's tariff threats fueled safe-haven demand for the precious metal. Spot gold rose 0.

Gold futures jumped to a new all-time record on Tuesday, as concerns over economic growth around President Trump's tariff plans continued to spark safe-haven flows into the metal, with added support from ongoing central bank buying.

Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days.

The Standard & Poor's 500 added to its record as U.S. stock indexes drifted through a quiet, mixed day on Wall Street

Microsoft was the strongest force pushing the S&P 500 upward. It rose 1.3% after saying it had developed what it calls the world’s first “quantum processing unit,” which cou