Gold hit a new all-time high as the dollar pushed lower and traders sought safety amid concerns over President Donald Trump’s tariff measures.

Gold futures set a fresh record on safe-haven demand, a weaker U.S. dollar and lower Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.7% to $2,839.70 a troy ounce in European evening trading,

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.