Gold prices (XAU/USD) have reached a new all-time high, climbing to around $3,078 during the Asian session on Friday. This remarkable growth follows continued tension in global markets triggered by US President Donald Trump’s recent auto tariffs announcement. Investors are flocking to gold as a safe haven amid rising uncertainty and market volatility. With the current global risk sentiment under pressure, many traders see gold as a viable hedge against inflation and geopolitical instability. The groundswell of interest in gold suggests that these trends may continue as economic indicators unfold in the coming weeks. Those invested in gold are likely to keep a close watch on future developments.