Gold prices hit an all-time high on Monday, bolstered by safe-haven inflows after U.S. President Donald Trump's tariffs on Canada, China and Mexico added to concerns of inflation that would dent economic growth.

Gold was steady near a record high after President Donald Trump imposed 10% tariffs on China, buoying haven demand.

Gold soars by staggering Rs5300; analysts predict fall of prices could be as significant as record highs seen now

Gold futures finished at a new record high on Monday, as tariffs dominated the day's action in U.S. markets, with the uncertainty around President Trump's tariff plans driving investors toward gold as a safe-haven asset, and traders speculating that physical metal prices have room to move up further.

Gold rose to a new all-time high amid a rush to safer assets after US President Donald Trump imposed tariffs on Canada, Mexico and China, while threatening to do the same against the European Union.

Gold prices surged to a record high on Monday as investors sought out safe-haven assets amid uncertainty caused by US President Donald Trump’s tariff policies and lingering inflation concerns. The price of international spot gold rose 0.