Gold pared gains after reaching a fresh record, as traders booked some profits after U.S. Treasury Secretary Scott Bessent dismissed speculation that the government might revalue its bullion holdings.

President Donald Trump is backing an Elon Musk-led Department of Government Efficiency effort to confirm that all the U.S. gold reserves at Fort Knox are really there.

A disputed tunnel in Michigan for an Enbridge Inc. oil pipeline is among hundreds of energy and mining projects the U.S. Army Corps of Engineers has identified for emergency fast-track reviews after ...