Markets

Gold tops $3,000 for first time on Trump’s tariff threats

Published March 14, 2025 Updated March 14, 2025 08:04pm
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LONDON: Gold soared above $3,000 for the first time ever on Friday, as investors flocked to the asset, seen as a safe-haven, amid uncertainty over the fallout of US tariffs.

Gold rises as tariff uncertainty, cooler inflation data lend support

In morning deals, gold rose 2.94 percent to $3,000.85 per ounce, a day after it surpassed its late February record.