Gold hit an all-time high on Monday as investors flocked to the safe-haven asset, driven by concerns that U.S. President Donald Trump’s tariff plans could trigger a global trade war and economic fallout.
Spot gold was up 0.6% to $3,103.63 an ounce, as of 0255 GMT, after hitting a record high of $3,107.26 earlier. Bullion is up over 8% in March.
