New Delhi, March 31 -- Gold prices surged to a fresh all-time high of $3,128.06 per ounce, marking the third consecutive session of record gains. The precious metal's rally comes as mounting uncertainty over U.S. tariff policies rattles global markets, driving traders toward safe-haven assets. The latest boost was triggered by U.S. President Donald Trump's announcement late Sunday, declaring that tariffs will be imposed on "essentially all countries" this week.

Trump's tariff strategy, aimed at rebalancing global trade, has fueled fears of inflation and economic instability. This has kept investors on edge, prompting a flight from risky assets, including equities, and diminishing appetite for the U.S. dollar. As a result, gold-a traditio...