Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.
President Donald Trump said he and Chinese President Xi Jinping will sign the initial phase of the pending trade pact in a ceremony, the latest remarks by the U.S. leader to flag the deal is close to being finalized.
European stocks ground out fresh record gains as did the Nasdaq on Wall Street as equities remained on track to post their best year in a decade.
The pan-European STOXX 600 index added 0.14% as it touched an all-time high and the domestically focused mid-cap index in Britain rose 0.63% to hit a new high.
France's CAC 40 and Spain's IBEX 35 both closed little changed, while German, Italian and Swiss country indexes were closed for the day.
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