Gold prices fell Wednesday as the safe-haven asset’s record run came to a halt amid an upturn in broader market sentiment. Gold futures climbed above the $3,500 level for the first time Tuesday before slipping back to settle at $3,

Gold prices were steady after topping $3,500 an ounce for the first time as traders booked profit following a nearly 10% rally this month.

Gold hit another record Tuesday, then faded a bit in afternoon trading. The most actively traded futures contracts surged above $3,500 a troy ounce for the first time, before slipping. In afternoon trading,

US stocks rose Tuesday morning as investors waded into the market after a steep Monday sell-off. The Dow gained 400 points, or 1%. The broader S&P 500 gained 1%. The tech-heavy Nasdaq Composite rose 1.

Concerns continue to linger over President Trump's criticism of Fed policy, sending the price of gold over $3,500/oz. Reuters' Ramzan Karmali has more. Is the dollar losing its appeal as Trump tariffs hit?

Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion. The Donlin Gold project is a proposed mine which holds roughly 39 million ounces of gold.

Barrick Gold entered a deal to sell its stake in an Alaskan gold project for as much as $1.1 billion to affiliates of billionaire John Paulson’s Paulson Advisers and Novagold Resources,.