Gold futures finished higher on Tuesday, marking record high rate boosted by intense safe-haven demand amidst economic and geopolitical uncertainty. Softer dollar, fears of a partial US government shutdown, new proposed tariffs on South Korean imports, and continued central bank buying buoyed the precious metal. The yellow metal has increased by more than 18% in 2026.
Gold futures for February delivery up by $0.10 or 0.001% to $5,082.60 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $53.87 or 1.04% to $5,234.03 an ounce.