Futures surpassed $3,110 ahead of the Trump administration's reciprocal tariffs, expected to be announced next week as 25% levies are put on foreign autos. A weaker US dollar ( DX-Y.NYB) has also supported higher gold prices.

Gold hit a record high on Friday as fresh tariff plans from U.S. President Donald Trump fuelled fears the global trade war will intensify further, prompting investors to seek refuge in the safe-haven precious metal.

Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after President Donald Trump pushed ahead with US tariffs on all auto imports.

Gold’s FY26 outlook is bullish, with prices expected to hit $3,100 globally and ₹91,000 domestically. Factors such as Federal Reserve rate cuts and geopolitical tensions will sustain this momentum, despite potential market shifts affecting gold’s value.

The price of gold, which has been rising for well over two years, has hit yet another record high price – the 17th time so far this year that the precious

Gold prices surged to a record high on Friday, as investors flocked to the safe-haven asset amid fears of a global trade war triggered by U.S. President Donald Trump's latest tariffs. Spot gold climbed 0.