Jan 26 (Reuters) – Gold jumped to a record high, topping the $5,000 an ounce milestone on Monday, extending a historic rally as investors sought the safe-haven asset amid rising geopolitical tensions. Escalating friction between the U.S. and NATO over Greenland has further fueled gold's run this year over prospects of more financial and geopolitical uncertainty. The yellow metal soared 64% in 2025, underpinned by U.S. monetary policy easing, central bank demand – with China extending its gold-buying spree for a fourteenth month in December – and record inflows into exchange-traded-funds. "Our forecast for the year is that gold will see a high of $6,400 an ounce with an average of $5,375," independent analyst Ross Norman said. (Reporting by Anjana Anil in Bengaluru; Additional reporting by Pablo Sinha; Editing by Leroy Leo, Veronica Brown and Diane Craft)
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