Gold hits record high over $3,000 amid rising geopolitical tensions; Pound at $1.30 against weakening US dollar – business live

Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounce

Gold is continuing to hit new heights this morning – it’s now trading at $3,027 per ounce.

“In the current environment, every day seems to offer a new catalyst for the gold price,” comments Kathleen Brooks, research director at XTB.

In uncertain times, central banks and individuals demand gold, while inflation concerns emanating from President Trump’s tariffs and trade war are also boosting the price of gold.

Life above $3,000 per ounce could be the norm for the gold price in 2025, it is already higher by 15% YTD, easily outpacing gains for global equities.

Topics

Gold's price breaks record $3,000 per ounce: Everything to know now

The price of gold hit a milestone record of $3,000 per ounce on March 14. Here's everything to know right now.
CBS News - 4d
Gold price hits $3,000 as trade tensions mount

Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.
BBC News - 4d
Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety

The price of gold hit a new milestone as investors sought havens from market turmoil.
The New York Times - 3d
Gold price per ounce: Everything investors should know now

The price of gold per ounce has been steadily increasing. Here's what investors should be aware of now.
CBS News - Mar. 11
How to invest in gold without paying today's high price

The price of gold just hit a new record. Here's how to get started without having to pay top dollar.
CBS News - 1d
Euro and pound rise against dollar amid ‘Trumpcession’ fears

US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...
The Guardian - Mar. 11
Gold hits $3,000 for first time on global growth fears

Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade wars
Financial Times - 4d
Gold has already topped $3,000. Here’s what it needs to go up another 16%.

Gold’s climb to an all-time high above $3,000 an ounce this week certainly turned heads, but the value of the precious metal is still around 16% below its real record high from 1980.
MarketWatch - 4d
Gold tops $3,000. Here’s what investors joining the gold rush need to know.

The value of gold has nearly doubled in the past five years, crossing the $3,000-an-ounce threshold for the first time ever late Thursday — and the precious metal’s latest move may be signaling a ...
MarketWatch - 4d

More from The Guardian

Vladimir Putin agrees to 30-day halt to attacks on Ukraine’s energy grid

Russian leader refuses to commit to a full month-long truce after high-stakes phone call with Donald Trump. Europe live – latest updates Vladimir Putin has agreed to a limited ceasefire ...
The Guardian - 1h
Netanyahu warns Israel’s renewed Gaza offensive ‘is only the beginning’

Israeli PM says attacks will continue until Hamas is destroyed and hostages freed, as airstrikes kill hundreds. Middle East crisis – live updates The wave of deadly airstrikes that shattered ...
The Guardian - 2h
Nasa-SpaceX landing live: astronauts return to Earth after successful splashdown in Florida

Barry ‘Butch’ Wilmore and Suni Williams back on Earth for first time in over nine months, along with Nasa astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov. We are really being given ...
The Guardian - 11m
Trump waging ‘sickening’ psychological war, deported Venezuelan’s lawyer says

One detained man’s lawyer says he is gay artist who had fled persecution in his home country, not a gang member. A lawyer for one of the Venezuelan immigrants sent from the US to a notorious mega ...
The Guardian - 3h
‘I am a political prisoner’: Mahmoud Khalil says he’s being targeted for political beliefs

Exclusive: Palestinian activist and green card holder speaks out from Louisiana immigration detention for first time. Never miss global breaking news. Download our free app to keep up with key ...
The Guardian - 1h

More in World

Nasa-SpaceX landing live: astronauts return to Earth after successful splashdown in Florida

Barry ‘Butch’ Wilmore and Suni Williams back on Earth for first time in over nine months, along with Nasa astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov. We are really being given ...
The Guardian - 11m
Hungary bans Pride events and plans to use facial recognition to target attenders

Amnesty International describes legislation as ‘full-frontal attack’ on country’s LGBTQ+ population. MPs in Hungary have voted to ban Pride events and allow authorities to use facial recognition ...
The Guardian - 32m
Lammy says Israel international law remarks 'could have been clearer'

Yahoo News - 32m
Son of Jair Bolsonaro Says He Will Seek Political Asylum in the U.S.

Eduardo Bolsonaro, a son of Brazil’s former president, said he planned to stay in the United States, claiming persecution back home.
The New York Times - 48m
‘I am a political prisoner’: Mahmoud Khalil says he’s being targeted for political beliefs

Exclusive: Palestinian activist and green card holder speaks out from Louisiana immigration detention for first time. Never miss global breaking news. Download our free app to keep up with key ...
The Guardian - 1h