Gold jumped to a fresh record above $4,383 per ounce, driven by rising geopolitical risks and growing expectations of US Federal Reserve rate cuts.
Investor demand remains strong, with gold-backed ETFs seeing inflows for five straight weeks, reinforcing bullish momentum.
Silver also surged, hitting an all-time high of $68.53 per ounce, while platinum extended its rally for an eighth consecutive session.
The gains reflect a broader rush into precious metals as investors seek safety amid global uncertainty and shifting monetary policy outlooks.
Both gold and silver are now on track for their strongest annual gains since 1979, underlining the extraordinary scale of the current rally.