India, March 31 -- A weaker dollar and falling bond yields lifted bullion to a new record high above $3,100 per ounce on Monday.
Geopolitical tensions also remained on investors' radar following U.S. President Donald Trump's warning of possible tariffs on Russian buyers and bombings on Iran.
Spot gold jumped 1.2 percent to $3,121.71 per ounce in European trade, while U.S. gold futures were up 1.3 percent at $3.154.41.
The dollar traded weak and Treasury yields fell amid much uncertainty about the final scope and level of U.S. reciprocal tariffs on many trading partners that will take effect globally on April 2.
Trump said on Sunday that reciprocal tariffs will include all nations, not just a smaller group of 10 to 15 countries with the ...