Gold hits record $3,400 this week amid economic turmoil, creates 'sticker shock' for buyers. Is it a smart investment?

Gold prices are soaring to record highs as investors seek safety amid economic worries. Trade tensions and a US government shutdown are fueling this surge. Lower interest rates and geopolitical conflicts are also driving demand. This trend impacts jewelry markets and raises concerns about mercury use in mining. Gold's appeal as a safe haven is being tested.