Gold rises above $3,100 for first time as U.S. levies boost havens

Quick Summary:

Gold started the week with a fresh record high, ahead of President Trump’s expected next tariff rollout.

The lender cited higher-than-expected central bank demand and strong inflows into bullion-backed exchange traded funds.

Gold is up almost 19% this year in a run that’s seen it clinch at least 15 all-time highs.

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Article Details

Author / Journalist: Bloomberg, Jason Scott, Yvonne Yue Li

Category: EconomyBusiness

Markets: United States

Topics: Gold prices Donald Trump Goldman Sachs Group Tariffs and trade Gold

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 16:53:24 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 61 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27488662

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Main Topics: EconomyBusiness

Official Website: fortune.com

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News Last Updated: 8 hours ago

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