Macroeconomics

Gold Scales All-Time Peak, Flirts with $3,000 Mark

March 14, 2025, 04.51 PM | Source: Reuters
Gold Scales All-Time Peak, Flirts with $3,000 Mark

ILUSTRASI. Gold bars are pictured at the Ginza Tanaka store during a photo opportunity in Tokyo September 17, 2010.  REUTERS/Yuriko Nakao

GOLD. Safe-haven gold surged to a record high on Friday, trading close to the key $3,000 mark, propelled by ongoing trade war fears and expectations of a rate cut by the U.S. Federal Reserve.

Spot gold was flat at $2,990.54 an ounce, as of 0847 GMT. Earlier in the session, safe-haven bullion hit a record high of $2,993.80.

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