Commodities
Gold ‘Best Place to Be’ as Tariff Turmoil Sparks Climb to Record
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Gold rose to a new record high above $3,200 an ounce as concerns about the impact of tariffs on the global economy boosted bullion’s appeal as a haven for investors.
Prices gained as much as 2.1% to $3,244.15 on Friday, eclipsing the previous all-time high posted Thursday. Prices are heading for a weekly increase of more than 6%.