Tariff Threats Propel Gold Prices To All-Time High

Gold prices soared to an all-time high on Wednesday after safe haven flows jumped amid U.S. President Donald Trump's growing tariff threats. Spot gold was quoted at $2,935.10 an ounce at 9.30 am ET after surging to an all-time-high of $2,946.85/oz earlier in the session. Gold prices have now hit a new high nine times so far in 2025. "Gold's rally appears to be driven by President Trump's remarks on upcoming tariffs for autos and pharmaceuticals, which could pave the way for a push toward $3,000," Zain Vawda, market analyst at MarketPulse, told…