Gold prices rose to a new record high, on Thursday, and are heading to record the best monthly performance in seven months on the back of the demand for safe haven before the US presidential election, as investors await a report on inflation in the United States, in search of indications about the path of interest rates.
Spot gold settled at $2,786.89 an ounce after hitting an all-time high of $2,790.15 earlier in the session. Prices jumped 6% this month.
U.S. gold futures fell 0.1% to $2,797.80.
