Gold prices surpassed the key $2,800 mark for the first time last Friday, fuelled by a rush to safety following the U.S. President Donald Trump's tariff threats, which heightened concerns about global economic growth and inflationary pressures. Bullion is a preferred asset during times of economic and geopolitical turmoil. And it’s on track to record its best monthly performance since March 2024, rising nearly 7% so far. So can the metal surpass multiple record peaks like it did last year? What’s behind the recent gold rally? On Wealth Tracker, Hongbin Jeong speaks to Gautam Chadda, Head of Investment and Portfolio Advisory (Singapore) at RBC Wealth Management Asia, to find out more.