Mumbai, March 31 -- COMEX Gold futures extended the break above $3100 per ounce mark today. The metal started on an upbeat note and hit a fresh record high of $3159 per ounce today. The counter currently trades at $3155 per ounce, up 1.30% on the day, fueled by mounting trade tensions and investor anxiety ahead of additional US tariffs. Gold had a blockbuster first quarter, with the precious metal about to finish the Q1 2025 with whopping gains of nearly 20%. Gold is poised for its fourth straight weekly gain and the biggest monthly surge since March 2024, driven by strong central bank buying and soaring ETF demand. COMEX Gold has soared around 11% this month.
Gold stayed largely supported on Friday as the US Commerce Department said its p...