Gold hits record high as Trump tariff worries mount


A worker polishes gold bullion bars — AFP

GOLD prices hit a record high on Friday and were set for their best month since March 2024 as investors flocked to the safe-haven metal due to heightened U.S. tariff concerns, while awaiting a key inflation report due later in the day for further direction.

Spot gold steadied at $2,794.61 per ounce, by 0408 GMT, and has gained more than 6% this month. Earlier in the session, prices hit an all-time high of $2,799.71.

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Gold , bullion , safe haven , dollar , interest rate , Fed

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