Gold has fallen from recent highs but there are several reasons investors are still finding refuge in the precious metal.

The surge comes amid uncertainty around the Trump administration and its trade policies.

The price of gold hit a new all-time high Wednesday morning as the precious metal surged more than 20% this year.

Gold and silver have continued a major price rally throughout 2026 so far, with gold recording its largest single-day dollar increase on Wednesday.

Experts say factors including Donald Trump’s aggressive policies and pressure on the dollar are pushing investors toward the ‘safe haven’ of precious metals

Gold has fallen from recent highs but there are several reasons investors are still finding refuge in the precious metal.

Precious metals hit record highs in late January as investors flocked to the so-called safe haven assets.