Gold Bullion has gained more than 30% this year.
Gold has emerged as the safe haven of choice among investors as the pandemic upends economies worldwide.
Investors have flocked to the metals on surging demand for havens amid a resurgence in virus cases.
Gold futures surged to an almost nine-year peak and silver touched its highest level since 2014.
Gold’s recent breakout raised prospects that it could set an all-time high soon.
January is historically gold’s best month, and it got a boost from the U.S. airstrike in Iraq.
Positive drivers include weak macroeconomic data, sinking Treasury yields and expectations for fresh easing from the U.S. Federal Reserve.
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