The price of gold has reached new heights of around $3,050 as the world awaits the effects of tariffs and geopolitical risks.

The price of gold hit a milestone record of $3,000 per ounce on March 14. Here's everything to know right now.

Gold closed on Friday at 2,984.50 per ounce, down $4.10, but the spot price briefly went above $3,000 earlier to set a new all-time high of $3,005.04 “as many North

Gold prices surged to a record high on Monday, driven by safe-haven demand amid concerns over U.S. President Donald Trump's tariff plans, with additional support coming from inflows into the world's top gold-backed exchange-traded fund.

Gold scaled a record peak on Friday as U.S. President Donald Trump's fresh tariffs fuelled fears that the global trade war will further intensify and prompted investors to seek refuge in the safe-haven metal.

Gold prices rose, boosted by tariff uncertainties and a rapidly changing geopolitical landscape keeping investors on edge.

Gold prices climbed to a new high as U.S. President Donald Trump's widening trade war prompts investors to seek refuge in the precious metal. In early trade, futures rose 1% to $3,090.30 a troy ounce and are up more than 8% on the month.

Spot gold prices reached $3,084.4 per ounce on Friday morning, according to the World Gold Council, meaning they have increased by about 17 per cent in 2025.