Gold breaks new record

The price has hit an all-time high of $5,600 amid geopolitical and economic uncertainties

The price of gold has soared to a new record as investors continue to seek safety amid escalating geopolitical tensions and mounting economic uncertainties.

Gold futures continued their strong rally, with the February 2026 Comex contract surging to a record high of $5,600 per troy ounce on Thursday morning before retreating to around $5,550, according to exchange data.