Gold is on track to hit $7,000 an ounce this year, analysts say, after it held above $5,000 for a second day amid persisting geopolitical and economic uncertainty.
Spot gold was flat at nearly $5,080 an ounce early on Tuesday, but has been on a tear after setting 51 new records in 2025 and eight in January, including Monday's new peak of $5,110.50.
Gold is up about 18 per cent in the past 30 days and more than 84 per cent over the past 12 months.
Using the precious metal's performance in 2025 as a ref
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