Gold Soars to New Record Above $3,100

Investment interest in the bullion is up, with North American gold ETF inflows in February being the largest single-month inflow for the region since July 2020.
Gold Soars to New Record Above $3,100
Rows of gold bars. Rost9/Shutterstock
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Gold prices broke through the $3,100 per ounce level in early morning trading on March 31 ahead of a potential new tariff announcement from the United States.

On March 31, spot gold prices rose above $3,127 per ounce before coming down. Gold prices had made large gains in two of the preceding three days, declining marginally on one. As of 10 a.m. ET, March 31, spot gold prices were trading at around $3,113, up by roughly 0.77 percent from the day before.