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Gold prices soar to record high

Gold prices have climbed to a historic high

Gold prices
On the geopolitical front, there are a number of risks boosting gold’s allure as a haven asset

Gold prices soared to a historic peak on Friday, with spot gold climbing 0.5 per cent to $2,384.34 per ounce as of 3.45am GMT, according to media reports.

Bullion hit a record high $2,395.29 earlier in the session.

US gold futures also gained 1.2 per cent to $2,401.80.

US gold prices

Platinum rose 0.7 per cent to $986.65 and palladium edged 0.1 per cent higher to $1,049.83.

All three were on track for a weekly gain.

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