The price of gold continued to go upward on Friday, breaking the $3,230 mark and hitting a new all-time high as investors seemingly hurried to safe havens amid shifting trade policies.
The brawl between the United States and China intensified, as the latter announced that it will be raising its tariffs on US products from 84% to 125%, refusing to back down.
After briefly hitting $3,237.56, gold surged 1.72% to $3,230.11 per ounce at 06:19 am ET. At 6:23 am ET, silver advanced by 0.83% to $31.48 per ounce. At the same time, platinum jumped 1.06% to $946.08 per ounce and palladium gained 0.99%, selling at $914.25 per ounce.
