12/31/2020, 12:05 PM (Source: TeleTrader)
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Gold set for best year since 2010, up nearly 25%

Gold prices were set to finish the year with a nearly 25% annual gain on Thursday following the best year for the yellow metal since 2010.

Gold surged this year as investors flocked to safe-havens amid the coronavirus pandemic, including Warren Buffett, whose Berkshire Hathaway invested $560 million in Barrick Gold in August despite his long disinterest in the metal.

Gold was up 0.01% to $1,893.32 per ounce at 6:05 am ET.

Breaking the News / JC