The price of gold rose to a record high on Monday, as investors became increasingly optimistic that the US Federal Reserve (Fed) will continue to cut interest rates in the coming year.
The price of the precious metal rose to $4,383.76 per ounce, compared to the previous record of $4,381.52 per ounce, which was recorded in October.
During the year, there have been sharp price increases in gold, partly due to the Trump administration's tariff policy and geopolitical tensions, with the wars in Gaza and Ukraine in focus.
