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All that glitters: Gold has been on a historic run, and many analysts say it has more legs
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Investors who are mistrustful of governments turn to the commodity in a flight to safety.
ST ILLUSTRATION: MANNY FRANCISCO
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SINGAPORE - Gold keeps defying expectations. Its price has broken a series of record highs in 2025 as investors turn to the safe asset in times of market uncertainty.
The price of the precious metal has risen sharply over the past two years in an increasingly fragmented world beset by Russia’s invasion of Ukraine, the Gaza war and risks from US President Donald Trump’s trade war.
