Gold prices passed $3,000 an ounce for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump’s attempts to rewrite the rules of global trade by imposing tariffs on allies and strategic rivals.

Gold futures hit a record high early Friday, exceeding $3,000 an ounce for the first time. Prices of the precious metal are up 14% since the start of the year and 39% over the past 12 months. That’s a

Gold's burgeoning safe-haven appeal keeps the yellow metal well bid. The precious metal jumped 1.7% to a new record high and is now only $15 away from the $3,000 barrier. The tit-for-tat tariffs scenario playing out is adding to the metal's shine,

Front-month gold futures settled Thursday at a new record-high, the metal's seventh gain in nine sessions sparked by safe-haven demand in an environment of market volatility from tariff uncertainty and bets on monetary policy easing by the U.