Gold climbed toward another record as the dollar pushed lower after President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners.

Gold prices settled above $2,900/oz for the first time, driven by continued safe-haven demand after President Trump said he would impose additional 25% tariffs on steel and aluminum imports.

Gold, a traditional safe-haven asset, mirrored the dollar's upward trajectory, its allure amplified by Trump's trade rhetoric.

Gold surged past $2,900 per ounce and aluminum, iron ore, copper and silver futures rose after President Donald Trump said he'd target metal imports.

Gold prices rose on Thursday as U.S. President Donald Trump unveiled plans to impose reciprocal tariffs on countries taxing U.S. imports, heightening global trade concerns. Spot gold added 0.4% to $2,

Gold prices are soaring to record highs, nearing $3,000 an ounce. The surge began after President Trump’s election win and continues to climb amid fears of a trade war, driven by his tariff policies on China,