Gold prices scaled an all-time high on Friday, briefly touching the $2,800 mark, as market participants rushed to the safe-haven asset after U.S. President Donald Trump reiterated his tariff threats.

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the Fed's policy path.

Gold futures were broadly flat at $2,845 a troy ounce, having reached a fresh record of $2,859.50 a troy ounce earlier in the session. Gold prices have likely climbed on a swift move from investors to safety due to Trump tariff threats,

Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid U.S. President Donald Trump's tariff plans have hoisted gold prices to a record high, once again bringing the key $3,

Investors should put faith in stalwart commodities such as gold and oil if they want to shield their portfolios from tail-risk scenarios such as tariff escalation. That’s according to Goldman Sachs strategists led by Samantha Dart,

Gold prices surpassed the key $2,800 mark for the first time on Friday, fuelled by a rush to safety following U.S. President Donald Trump's tariff threats, which heightened concerns about global economic growth and inflationary pressures.