
Gold Heads for Largest Annual Gain Since 1979
Gold stabilized on Wednesday, but remains on track to record its strongest annual gains since 1979, while other precious metals declined as investors sought to take profits after record highs. Gold held steady in spot transactions at $4,345.75 per ounce, after hitting a record level of $4,549.71 on Friday. U.S. gold futures for February delivery fell by 0.5% to $4,365 per ounce. Gold has risen by about 66% during 2025, achieving its largest annual gains since 1979, driven by interest rate cuts, expectations of further monetary easing from the Federal Reserve, as well as geopolitical tensions and strong demand from...









