Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows

March 31, 2025

Gold prices soared above $3,100 per ounce for the first time, driven by concerns over U.S. tariffs and geopolitical tensions. Spot gold prices hit a record high of $3,106.50 per ounce, with significant gains this year prompting banks to raise their forecasts for the yellow metal.

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Wait for dust to settle before taking fresh bets, says Maulik Patel

Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ

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