Gold remained near record levels ahead of Trump’s new customs tariffs. The price of an ounce of gold found buyers around $3,130. The metal continues its strong performance amidst uncertainties in global trade. Today, the price of gold per ounce climbed above $3,130, approaching record levels. Gold’s price per ounce had risen close to 20% this year, reaching $3,150. The mutual tariffs by Donald Trump in the US are expected to take effect today. Trump stated that the customs duties would apply to all countries. Additional customs duties on automobiles are set to come into effect on Thursday. The White House did not provide details on the scope of the tariffs. It was mentioned that the new customs duties would be implemented quickly. Trump hinted that the customs duties would impact many countries, raising concerns about the economic effects. Furthermore, the yellow metal was supported by expectations of interest rate cuts, central bank purchases, and strong demand for gold-backed investment funds. On the other hand, US employment and manufacturing data pointed to weak performance. The number of job openings in the country decreased to 7.568 million in February, falling below market expectations. Manufacturing activity contracted in March after two consecutive months of growth. Investors are focused on the non-farm employment figures to be released on Friday. The effects of the employment data on the Federal Reserve’s monetary policy will be monitored. A gram of gold exchanged hands at 3,803 Turkish lira. Meanwhile, a quarter of a gram found buyers at 6,215 Turkish lira.