The Economic Times

Gold price today hit record high with biggest one-day dollar jump ever - what's fueling the historic rally

Gold price biggest one-day dollar gain: Gold experienced its largest one-day dollar jump in history, soaring $235 an ounce as investors fled the tumbling US dollar for hard assets. This historic rally saw gold futures settle above $5,300, driven by a weak dollar, central bank demand, and market uncertainty. Silver also saw significant gains, reaching its second-highest settlement on record.