Gold price today: Gold hits $5,110 record as tariff threats and Fed drama jolt markets
Gold soared above $5,100 an ounce Monday, hitting a new record as investors reacted to global tensions and tariff threats from President Trump. Spot silver also reached an all-time high at $113.61. Gold-backed funds and mining stocks rallied sharply. The dollar index slid to a four-year low, while traders awaited the Federal Reserve’s policy decision.