Record high for gold on the cards


Bank Muamalat Malaysia chief economist Mohd Afzanizam Abdul Rashid.

PETALING JAYA: Gold is closing in on another record after a historic run that has reshaped how investors think about the metal.

Spot prices were around US$4,327 an ounce as at press time yesterday, after a year in which the bullion has climbed by over 60% and notched repeated all-time highs.

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