
Gold prices hit record high as investors seek haven from Trump’s tariffs
Gold surges to a record $3,120 per ounce as US tariffs and inflation fears drive demand. Analysts expect further gains amid geopolitical and fiscal uncertainty.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Gold surges to a record $3,120 per ounce as US tariffs and inflation fears drive demand. Analysts expect further gains amid geopolitical and fiscal uncertainty.

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