investingLive Asia-Pacific FX news wrap: Gold hits another record high, above US$3500

investingLive Asia-Pacific FX news wrap: Gold hits another record high, above US$3500. Financial market news for Asian trading on Tuesday, September 2, 2025.

Gold hits record high on Fed rate cut bets & uncertainty. Silver also surges. US stocks flat.

TSLA plunges 84% in Sweden, but surges 161% in Spain! Europe sales down 40% as BYD triples. Traders eye global demand shifts.

Goldman Sachs: Trump may pivot to new tariff tools if courts reject IEEPA-based hikes

USD/JPY back above 147.60, USD stronger across the majors board, while gold shakes it off Yen (down) and gold (up) notable movers

Gold hits record high $3503.32 on dollar weakness & Fed rate cut hopes. Oil jumps on supply fears. Asia stocks edge up.

White House says US President Trump will make an announcement at 1400 US Eastern time EDT/1800GMT on Tuesday