COMEX gold futures hit record high of $3,400/oz. US President Trump said on the social platform, "The golden rule of negotiation and success: He who owns the gold makes the rules." In addition, he also said, "Businessmen who criticize tariffs are not good at business, but what they are really bad at is politics. They don't understand or realize that I am the best friend of American capitalism ever!"

Gold stocks rose in overnight trading with Harmony Gold up 4.8%; Newmont Mining up 3.2%; Barrick Gold up 2.3%.