Gold prices have reached a record high as investors increasingly turn to the precious metal amidst rising economic concerns. This trend follows the implementation of new tariffs by President Trump, which have unsettled global markets and caused stock prices to fall. The introduction of the tariffs has heightened worries about potential inflation and economic instability. Since January, there has been a 19% rise in spot gold prices, marking a 40% increase from the previous year. However, experts warn of the risks associated with investing in precious metals during volatile times.