Dollar weakness has fueled the gold rally as the metal is seen a way for investors to store value.
Gold hit a record of $1,065.25 (US) an ounce in Europe on Tuesday as the U.S. dollar fell to day lows versus the euro, fuelling interest in bullion as an alternative asset.
A rise in oil prices to nearly $74 a barrel and a recovery in physical demand for gold after a sluggish year for the jewellery market are also helping lift the metal, analysts said.
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