Overview

• London trading set a fresh intraday peak of $4,242 per ounce on Thursday, marking a fourth consecutive record session.
• In euro terms, prices touched roughly €3,636 per ounce in morning trade, after a new closing high of €3,612 was set the previous day, according to Gold.de.
• Analysts cite the US–China trade dispute, expectations for further US rate cuts, strong demand for gold-backed ETPs, and ongoing central-bank buying as key drivers.
• The metal has climbed about 24 percent since early September and is up roughly 45 percent for the year on euro-based measures reported by Gold.de.
• Silver also rallied, trading near $52.74 per ounce, just below the $53.54 high reached earlier in the week.