Gold Heads for Biggest Yearly Gain Since 2010

Gold Heads for Biggest Yearly Gain Since 2010

Gold is on course for its biggest yearly gain since 2010. It's up 26.82% in 2024 and has managed 46 record closes this year-the last being on Oct. 30, when it settled at $2800.80.

Futures were rising in early trading, up 0.2% to $2,622.70 a troy ounce.

The precious metal has gained over the course of the year on safe-haven demand amid geopolitical tensions, monetary policy easing, and a streak of central bank purchases.