While investors flocked to this safe haven to protect yourself from growing geopolitical uncertainty while Betting on further cuts in American interest rates, gold has extended its historic rally to exceed $4,000 per ounce for first time Wednesday.

Spot gold jumped 1.2% to $4,032.46 The ounce at 06:53 GMT.

American gold futures for deliveries in December rose by 1.3% to 4,054.80 dollars per ounce.

Traditionally, gold is considered a store of value in times of instability.

As one of the most successful assets of 2025, spot gold is up 53% since the start of the year after having increased by 27% in 2024.

The rise was fuelled by a cocktail of factors, including expectations of lower interest rates, uncertainty persistent political and economic, major purchases by banks central, capital inflows into gold exchange-traded funds and the weakness of the dollar.

On the other markets of precious metals, spot silver rose 1.6% to $48.57 per ounce, the Platinum rose 1.6% to $1,644.40 and palladium rose 3.1% to $1,378.86 $.