Jordan Daily – Gold surged past the landmark $5,000 an ounce level on Monday, extending a blistering rally from last week as investors rushed into the safe-haven asset amid heightened geopolitical tensions.
Spot gold jumped 1.1% to a new all-time high of $5,035.83/oz by 18:52 ET (00:52 GMT). U.S. Gold Futures also climbed 1.1% to a record peak of $5,074.71/oz.
Gold jumped more than 8% last week, when prices repeatedly broke historical peaks. It has already advanced nearly 17% this year.
