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SINGAPORE – Gold’s blazing rally is set to continue into 2026, driven by central bank demand, interest rate cuts and simmering geopolitical tensions despite US President Donald Trump’s recent attempts at defusing flashpoints. The yellow metal, which rose by over 60 per cent to a record high of over US$4,500 per ounce in 2025, is enjoying its biggest annual gain in 46 years. It has also climbed by more than 130 per cent since 2020, outpacing that of the S&P 500 index, which rose by just over 85 per cent within the same period. Despite a sell-off in late October…
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