Gold vaults past $5,200 to record high

The economic and geopolitical uncertainty drove demand for gold

FILE PHOTO: A goldsmith weighs gold jewellery inside a showroom in Ahmedabad, India, Jul 31, 2025. REUTERS

Gold surged above $5,200 an ounce on Wednesday to a record high, extending a historic rally as economic and geopolitical uncertainty drove demand for the safe-haven yellow metal.