Pricing continues in the safe haven of gold. Yesterday, the record-breaking price of an ounce of gold started the new day with a slight decrease. The gram of gold, on the other hand, changed hands at 3,446 liras. Gold prices continue to hover near record levels. Yesterday, an ounce of gold hit a record of $2,956, started the day with a slight drop. The ounce of gold traded at $2,938, a decrease of 0.38 percent. The gram of gold changed hands at 3,446 liras. Quarter gold was priced at 5,650 liras. Safe asset purchases were influenced by concerns about President Donald Trump’s customs tariff policies in gold prices. Trump said that customs tariffs applied to products imported from Canada and Mexico would continue as planned. Markets priced inflationary risks that could affect the Federal Reserve’s (Fed) monetary policy due to tariff applications. On the other hand, the world’s largest gold-backed ETF, SPDR Gold Trust, reported that its assets had risen to 904.38 tons on Friday, the highest level since August 2023. This week, investors will be following the personal consumption expenditures index (PCE) that the Fed considers as an inflation indicator. Critical data will be released on Friday and will provide clues about the Fed’s monetary policy. It is expected that the data will show the slowest price increase since June, while ongoing inflationary pressures may keep the Fed cautious about interest rate cuts.