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Metals: gold hits a new record

19/03/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Gold hit a new record above $3,000 on Tuesday. Investors are looking for the metal as a safe haven from risk as the conflict has intensified in the Middle East and US President Donald Trump has continued his tariff plans

.

The spot gold price peaked at $3,028.24 early in trading and, at 9:27 a.m., it rose 0.7% to $3,023.30 per ounce. On March 14, prices surpassed $3,000 for the first time. US gold futures gained 0.9% to $3,032. Gold bullion, considered a protection against geopolitical and economic instability, has gained more than 14% since the start of the year and has reached historic highs 14 times this

year.
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