Gold rose to over $4 500 per ounce on Friday, rising by 6%.
At the close of the markets on Christmas eve, gold was trading at $4 486 and platinum at $2 289 per ounce.
According to Reuters, gold has staged a strong rally this year, recording its biggest annual gain since 1979.
It is fuelled by Federal Reserve policy easing, geopolitical uncertainty, strong Central bank demand, rising Exchange-Traded Fund holdings, and ongoing de-dollarisation.
–Reuters–
