Rolling coverage of the latest economic and financial news, as gold hits $3,017 per ounce

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

It’s been a record-breaking year for gold, as nervous investors have sought out safe-haven assets.

investors continue to rotate away from the US dollar and find perceived safe havens amidst the heightened policy uncertainty.

These uncertainties have not only increased demand for gold but have also pushed significant capital inflows into the precious metals market, contributing to gold reaching record-high prices.

9.30am: ONS releases changes to the UK inflation basket

10am GMT: ZEW eurozone economic confidence survey

12.30pm GMT: US housing starts/building permits data for February

1.15pm GMT: US industrial production for February