NNA - Gold prices extended their record run on Wednesday to breach $3,300 per ounce, as a weaker dollar and escalating U.S.-China trade tensions pushed investors towards the safe-haven asset.

Spot gold climbed 3.1% to $3,327.97 an ounce as of 1:45 p.m. ET (1745 GMT), after hitting a record high of $3,332.89 earlier in the session.

U.S. gold futures gained 3.3% to settle at $3,324.50.

"Gold remains heavily supported by a broadly weaker dollar, uncertainty around tariff announcements and fears about a global recession," said Lukman Otunuga, senior research analyst at FXTM.--Reuters 

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