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Gold at All-time High as Demand GrowsSingapore, 18 Mar (ONA) —- Gold prices today reached a record peak above
the crucial $3,000 mark for the second time within a week,
as investors sought cover from economic concerns fueled by US
President Donald Trumps tariff policies.
Spot gold was up 0.2% at $3,008.08 an ounce after hitting a
record high of $3,012.05 per ounce earlier in the session.
Gold rose above the $3,000/oz milestone for the first time on
Friday.
US gold futures rose 0.4% to $3,017.60.
Historically considered a hedge against geopolitical instability,
gold has risen more than 14% so far this year. Since Trump took
office in January, gold has hit a record high 14 times as trade
tensions boosted safe-haven demand.
Spot silver gained 0.2% to $33.89 an ounce, platinum added 0.5%
to $1,004.65 and palladium rose 0.5% to $969.6.—- Ends/Khalid
