Gold Prices Surge To Record High Amid Tariff Fears

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Gold Prices Surge To Record High Amid Tariff Fears

Mantu, 41, a goldsmith, works on a gold necklace at a jewelry workshop in Srinagar, Jammu and Kashmir, on February 6, 2025. Gold prices soar to a record high on Monday, February 3, as investors turn to safe-haven assets following US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China. The yellow metal rallies across major Indian cities due to various global and domestic factors. Meanwhile, jewelers in Kashmir Valley express concerns over the soaring prices, stating that their business is affected as customers are reluctant to buy gold at exorbitant rates. (Photo by Firdous Nazir/NurPhoto)


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