Gold topped $2,805 an ounce for the first time ever on Friday – surpassing its October record and taking its gains to 7% this year, as trader’s hedge against President Donald Trump’s tariffs. Put another way, that’s Gold’s biggest monthly gain since March 2024 – and by the time this month is over, that figure could very easily be a lot higher.

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the Fed's policy path.

Gold prices have surged to a record high, hitting $2,798 per ounce, as investors rush to protect their money from economic uncertainty. This