Gold price continues to build on its record rally, hitting another all-time high above $3,450 in Asian trading on Tuesday. Investors continue to flock to safety in the traditional store of value, the Gold price, amidst heightened risks of a US recession and financial market instability.

Gold price (XAU/USD) maintains its strong bid tone through the first half of the European session on Monday and currently trades near the all-time peak, just below the $3,400 mark.