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,

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.

President Trump's chaotic tariff policies continue to rock U.S. stock markets, which just ended their worst quarter in years. But for some investors, all of this uncertainty has a big gold lining.