Gold jumped past the $4,400-per-ounce level for the first time on Monday, ‍riding on growing expectations of further US rate cuts and strong safe-haven demand, with silver also joining the rally to hit an all-time high.Spot gold was up 1.4 percent at $4,397.16 per ounce, as of 0502 GMT, after breaking the $4,400 barrier to hit a record high of $4,400.29 earlier in the ⁠day. Spot silver climbed 3.3 percent to hit a historic high of $69.44.For all the latest headlines, follow our Google News channel online or via the app.US gold futures for February delivery rose 0.98 percent to $4,430.30 per ounce.Bullion has gained 67 percent so far this year, shattering multiple records and breaching the $3,000 and $4,000 per-ounce milestones for the first time. It is poised for its biggest annual gain since 1979.Silver has surged 138 percent year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints.“With December usually producing positive