Key Takeaways Gold hit another record high on Wednesday as investors look to traditional safe havens amid uncertainty about tariffs and the health of the economy. An intraday reversal on Tuesday formed a shooting star,

The gold price reached yet another record high on Monday (March 31), breaking US$3,100 per ounce. The precious metal has gained significant momentum since the beginning of the year. In morning trading on Monday it surged past the US$3,

Uncertainty surrounding U.S. President Trump's tariffs added extra heat to the momentum of gold's rise, as well as strong demand from central banks.