Gold prices hit $3,000 an ounce as Trump tariffs push investor safe haven

Dubai: Gold prices have touched $3,000 an ounce for the first time as Trump’s tariffs spook investors and markets. All through this morning, gold was trading at well over $2,980 plus levels and now, it finally cleared another landmark level.

“There are no signs of gold prices stabilizing,” said Shamlal Ahmed, Managing Director of International Operations at Malabar Gold & Diamonds. “Looking at home gold was trading in the commodities market this morning, there was no doubt it would not cross $3,000 today itself.”