CashNews.co
Gold prices rose to a record high on Friday, extending a years-long bull run as investors flock to the safe haven asset.
Spot prices for gold rose 0.5 per cent to $2,706 per troy ounce during early trading in Asia on Friday, rising past the $2,700 mark for the first time.
Prices for gold have risen since late 2022, consistently hitting new all-time highs, as inflation and geopolitical uncertainty have increased demand for the precious metal.
Prices for bitcoin, considered by some investors to be a similar hedge to gold, also rose on Friday, gaining 1.8 per cent to $68,125 per token.