Mumbai, Jan. 10 -- COMEX Gold futures broke above $4500 per ounce yet again as safe-haven demand strengthened amid escalating geopolitical tensions. The metal marked a weekly gain of more than 4%, supported by uncertainty linked to the US incursion in Venezuela, a diplomatic standoff between China and Japan, and the ongoing Russia-Ukraine conflict. World Gold Council or WGC noted in a latest update that December's 4% gain took gold's full-year return to a multi-decade record of 67% in 2025. Central banks, tariff and trade risks, strong options market activity and a weaker US dollar all played a part. It noted that the December precious metals surge, including silver and platinum, and commodity index rebalancing could elicit some near-term v...
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