Gold prices surpassed the $3,000 an ounce threshold for the first time in history on March 14 as investors moved into the safe-haven asset amid mounting uncertainty over the economy.

The price of gold set a record high on Friday, breaking above $3,000 per troy ounce for the first time as investors reckon with President Trump’s seesawing tariff policy, fears of an economic slowdown and a sinking stock market.

The price of gold hit the $3,000 mark for the first time ever on Friday morning as investors seek security amid the economic uncertainty created by U.S. President Donald Trump's trade war. The gold price crossed over $3,