Gold hits new record high for 4th straight time in international market
Gold struck a new record high for the fourth consecutive time in the international market on Thursday. Spot gold rose by over 2%, peaking to a high of $4,318.75 per ounce. "If no deal is reached between the US-China...that could be the spark gold needs to cross the $5,000/oz barrier," a market analyst said. Gold has surged 60% year-on-year.