Gold prices hit record highs, surging beyond $4,400 — why gold price is rising as New York futures jump to $4,445 - is consolidation next?

Gold price today surged to record highs above $4,400 as safe-haven demand intensified. Gold futures in New York jumped 1.3% to nearly $4,445. Rate-cut expectations fueled buying across precious metals markets. Central-bank demand stayed strong throughout 2025. Geopolitical risks lifted bullion appeal further. Silver and platinum also hit multi-year peaks. Investors now watch whether gold consolidates after this historic surge.