HONG KONG, Dec 24 — Gold prices broke past US$4,500 (RM18,274) in Asian trade today on optimism that the Federal Reserve will continue cutting interest rates next year, and amid rising tensions between the United States and Venezuela.

The precious metal hit a peak of US$4,519.78 to extend a rally that has seen it surge more than 70 per cent since the start of 2025. — AFP