Gold suffered its biggest one-day drop in nearly four years Wednesday, raising questions about whether a torrid rally driven by anxiety over President Trump’s trade policies can continue.

Gold hit another record Tuesday, then faded a bit in afternoon trading. The most actively traded futures contracts surged above $3,500 a troy ounce for the first time, before slipping. In afternoon trading,

Gold retreated after topping $3,500 an ounce for the first time as traders booked profit following a nearly 10% rally this month.