While investors flocked to this A safe haven in the face of increasing geopolitical uncertainty, prices gold reached a record high, surpassing $5,100 per ounce, extending thus a historic increase.

The spot gold price was up 2.2% % at $5,089.78 per ounce at 6:56am GMT, after reaching an earlier historic record of 5,110.50 dollars.

American gold futures for deliveries in February also increased by the same amount, reaching 5,086.30 dollars per ounce.

The metal jumped 64% in 2025, its strongest annual increase since 1979, driven by the demand for safe havens, of the relaxation of American monetary policy, of purchases major central banks, especially for the fourteenth consecutive month of purchases by China in December, and record inflows into traded funds on the stock market.

The cash price increased by 4.8% to reach 107,903 dollars, after reaching a record of 109.44 dollars.

The money crossed the $100 mark for the first time on Friday, building on its 147% rise last year, while the flows of individual investors and purchases motivated by the market dynamics have accentuated a prolonged period of stress on physical metal markets.

Spot platinum has climbed 3.4% to $2,861.91 per ounce, after hit a record $2,891.6 earlier in the session, while spot palladium rose 2.5% to $2,060.70, after reached a peak in over three years.