Gold and silver soared to unprecedented highs on Monday, driven by escalating geopolitical tensions and expectations of further U.S. interest rate cuts.
The rally marks the strongest annual performance for both metals in more than four decades.
Bullion climbed more than 1.5% to $4,412.94 an ounce, surpassing the previous record of $4,381 an ounce set in October, while silver surged as much as 3.4%, closing in on $70 an ounce.