The worth of gold has risen above $5,000 (£3,659) an oz. for the primary time, extending a historic rally that noticed the valuable steel bounce by greater than 60% in 2025.
It comes as tensions between the US and NATO over Greenland have added to rising considerations about monetary and geopolitical uncertainty.
Demand for gold has additionally been pushed because the US Federal Reserve is predicted to chop rates of interest once more this yr and as central banks around the globe have been shopping for it.
Gold is seen as a so-called “safe-haven” asset that traders purchase in instances of uncertainty and low rates of interest.
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