Gold futures have experienced significant gains recently, driven primarily by concerns over President Trump's newly implemented tariff policies and their potential economic impact.

Gold futures experienced a volatile trading session today, initially surging to a new all-time high before retreating on profit-taking, only to recover much of those losses by the close of trading.

Gold prices climbed to unprecedented heights Wednesday, closing at a record $3,047.14 after the Federal Reserve concluded its March Federal Open Market Committee (FOMC) meeting with a decision to maintain current interest rates.