Looking for reliable ways to protect your money during today's economic uncertainty? Here's how gold could help now.

Gold gained on Friday after reaching a record high in the previous session, as investors turned to the safe-haven asset amid heightened global trade conflict following China's retaliation with new tariffs against U.

Gold fell victim to a selloff in global markets Thursday after President Donald Trump announced wide-ranging tariffs on foreign imports — but it’s still a clear-cut winner to hedge uncertainty, as bargain hunters helped prices for the precious metal recover much of their losses by the day’s settlement.

A massive arbitrage trade that has drawn tens of billions of dollars’ worth of gold and silver to the US came to an abrupt halt with Wednesday’s announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.

Gold fell more than 3% on Friday, erasing gains from earlier in the week, as investors sold off bullion to cover their losses from a wider market meltdown as an intensifying trade war sparked concerns of a global recession.

Saturday is Gold Star Spouse Day, an annual tradition to honor the families of fallen service members. As CBS News New York's Hannah Kliger explains, one woman in Brooklyn made it her life's mission to turn her husband's legacy into a lifeline for others walking the same road of grief.

Could the remarkable surge in gold prices finally be reversed this April? Here's what investors should consider.

Gold prices fell nearly 2% on Friday as traders liquidated their bullion positions following wider market sell-offs, after China's retaliation with fresh tariffs against U.S. President Trump's sweeping levies.