Gold around record high as Arab strife escalates

The yellow metal has gained 27% so far this year.

The Chinese miners allegedly owed $10 million in unpaid taxes and fines to the government.

BMO Capital Markets has lowered its demand estimates for next year on the anticipation that higher tariffs and multilateral trade friction could tamp down industrial output.

The biggest change over three decades is China becoming the number one producer, as its output has more than tripled.