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Gold races to US$5,100 record peak on frantic safe-haven demand
Gold prices extended their record-setting rally to surge past $5,100 on Monday as central banks and investors sought refuge from geopolitical risks and Trump-induced market volatility. Spot gold XAU= was up 2.2% at $5,092.13 an ounce by 1105 GMT after hitting a record $5,110.50. U.S. gold futures GCcv1 for February delivery gained the same amount to $5,090.70. Gold soared 64% in 2025 for its biggest annual gain since 1979, shattering multiple records on the back of safe-haven demand, U.S. monetary policy easing, robust central bank purchases and record inflows into exchange-traded funds. Prices have already risen ... (full story)