It's been a banner year for gold. In March, the precious metal's price crossed the $3,000 per ounce mark for the first time in history — and the upward price trajectory didn't stop there. The price of gold has continued to climb in the time since, surging past the $3,300 per ounce mark this week.

Gold prices just wrapped up their biggest daily gain since April 2020, when panicked investors were hoarding the precious metal during the Covid market meltdown. Gold futures rose 3.4%, or $107.90 a troy ounce,

Gold prices pulled back from a record high on Thursday as investors booked profits following a rally driven by concerns around U.S. President Donald Trump's latest wave of tariff policies. Spot gold was down 0.