Gold Hits Record High Amid U.S. Tariff Concerns
Gold prices surged to an all-time high on Tuesday as investors turned to safe-haven assets amid growing fears over new U.S. tariffs.
Spot gold rose 0.6% to $3,143.05 per ounce after reaching a record $3,148.88 earlier in the session. Meanwhile, U.S. gold futures climbed 0.6% to $3,169.50. The metal recorded its strongest quarterly performance since 1986 in the previous session.
Among other precious metals, silver dipped 0.1% to $34.04 per ounce, platinum edged down 0.1% to $991.41, while palladium gained 0.8% to $989.19.
U.S. President Donald Trump pledged to announce a broad tariff plan on Wednesday, introducing new trade duties to protect domestic industries and reduce the trade deficit.
Gold surpassed $3,100 per ounce on Monday for the first time, driven by a fresh wave of safe-haven investments amid concerns over U.S. tariffs and potential economic slowdown.
-
20:49
-
20:43
-
20:37
-
20:26
-
20:18
-
20:09
-
20:00
-
19:50
-
19:39
-
19:27
-
19:19
-
19:06
-
18:42
-
13:47
-
13:33
-
13:19
-
13:05
-
11:51
-
11:36
-
11:18
-
11:01
-
10:42
-
10:24
-
09:59
-
09:39
-
09:22
-
08:59
-
08:37
-
08:21
-
08:01
