India, April 2 -- Following the modest pullback seen in the previous session, the price of gold showed a notable move back to the upside during trading on Wednesday.

Gold for April delivery climbed $21 or 0.7 percent to $3,139.90 an ounce after slipping $3.90 or 0.1 percent to $3,118.90 an ounce in Tuesday's session.

The price of gold more than offset the modest decrease seen on Tuesday, once again reaching a new record closing high.

Gold benefitted from its appeal as a safe haven amid concerns about the impact of President Donald Trump's reciprocal tariffs on U.S. trade partners.

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