India, March 18 -- Gold scaled a record peak above the key $3000 mark on Tuesday as tariff worries and signs of rising geopolitical tensions boosted bullion's safe-haven demand appeal.
Spot gold climbed 0.7 percent to $3,021.97 per ounce in European trade, while U.S. gold futures were up 0.8 percent at $3,030.19.
Tariff worries persisted after U.S. President Donald Trump said he would be imposing both broad reciprocal tariffs and additional sector-specific tariffs on April 2.
On the geopolitical front, Israel has launched a wave of air attacks across the Gaza Strip, breaking ceasefire and reigniting hostilities after stalled hostage negotiations.
The air raids in the early hours of Tuesday killed more than 320 people, including many wom...