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Gold is up more than 40% in 2025, on pace for its best year since 1979
Gold prices rose to a new record on Monday, putting the precious metal on pace for its largest annual gain in more than 45 years. Gold futures surged to around $3,750, while bullion for immediate delivery traded above $3,700 per ounce. The precious metal is up more than 40% year to date, marking its best year since 1979, according to research compiled by Carson Group. Gold’s monster run this year has been partly driven by expectations of a Fed easing cycle, which started last week when policymakers cut interest rates by 25 basis points and signaled two more reductions in 2025. A weaker dollar has also powered gold, ... (full story)