Gold prices have risen around 1 percent to hit a new record high of US$1,115.50 (HK$8,700.90) an ounce, as the dollar slipped against a basket of currencies.
Spot gold eased to US$1,113.20 an ounce in London morning trade versus US$1,105.30 an ounce late in New York on Tuesday.
US gold for December delivery touched US$1,116 an ounce and was last up 1.1 percent at US$1,114.5 an ounce on the COMEX division of the New York Mercantile Exchange.
The dollar slid to its lowest level against a basket of currencies in over a year, continuing its recent decline on the view US interest rates will stay low for a protracted period.