Gold prices today: Gold jumps nearly 2% as prices rise 37% in one year

Gold prices rise to $4,594.98 as gold gains 1.79% in a day and 37.39% in a year. Here’s what is driving gold prices and what investors should watch next.

Gold gained around 0.7% last week and extended the move above $4,400 at the start of this week, briefly testing the $4,450 mark, before Tuesday’s global bond selloff pulled prices back toward 4,340-4,360.