Gold reached a record high Wednesday, continuing a multi-month rally that has seen the commodity rise roughly 20% in the first quarter, according to Investopedia. The surge comes as investors seek safe-haven assets amid uncertainty around Trump’s shifting tariff policies, which analysts say could stoke inflation and dampen economic growth. Bank of America noted strong demand for gold due to central bank purchases, steady retail interest, and new regulations permitting China's insurance firms to invest in the metal. Strategists anticipate temporary pullbacks before gold potentially resumes its uptrend.
