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,

Gold prices have surged to multiple all-time highs this week. The rally has been fueled by escalating global economic uncertainty, largely driven by U.S. tariff policies.

The gold price has hit all-time record highs, breaking through the $5000 mark in Australian dollars for the first time.