Breaking: Gold hits a new record high above $1,921
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Gold has printed a new lifetime high of $1,921.10, surpassing the previous record price of $1,921 reached in September 2011.
The metal has rallied by over 25% this year with the US Federal Reserve's unprecedented money printing pushing inflation-adjusted yields on Treasuries to negative territory.
Gold exchange-traded fund (ETF) holdings have risen to an all-time high, the equivalent of 3,321 tonnes, as noted by popular analyst Holger Zschaepitz.
Gold: XAU/USD Chart
Gold Technical levels to watch
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