Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows
Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows
March 31 (Reuters) - Gold prices on Monday soared above $3,100 per ounce for the first time as concerns around U.S. President Donald Trump's tariffs and the potential economic fallout, combined with geopolitical worries, drove a fresh wave of investments into the safe-haven asset.
Spot gold prices hit a record high of $3,106.50 per ounce.Gold prices have hit multiple record highs, gaining more than 18% so far this year - capitalising on its cachet as hedge against economic and geopolitical turbulence.
