Shotlist FILE: Istanbul, Türkiye - April 5, 2024 (CCTV - No access Chinese mainland) 1. Various of gold bars, gold coins FILE: Tokyo, Japan - July 12-14, 2024 (CCTV - No access Chinese mainland) 2. Various of gold bar, fine gold FILE: China - Date Unknown (CCTV - No access Chinese mainland) 3. Various of gold bars FILE: Seoul, South Korea - Sept 2025 (CCTV - No access Chinese mainland) 4. Various of gold rings for sale 5. Various of gold bars FILE: Tokyo, Japan - Sept 10, 2025 (CCTV - No access Chinese mainland) 6. Gold jewelry for sale FILE: Dubai, UAE - Sept 2025 (CCTV - No access Chinese mainland) 7. Various of counter clerks sorting gold jewelries Storyline London's spot gold and the most active February 2026 futures have each surged roughly 70 percent this year, significantly outperforming major stock indices, the U.S. dollar, and other commodities. February futures were traded above 4,500 U.S. dollars per ounce, a historic high on Tuesday, while spot gold price neared the same threshold at 4,497 U.S. dollars. The rally is supported by sustained institutional demand. Central banks purchased 220 tons of gold in the third quarter, a 28 percent annual increase, while gold exchange traded funds have seen six consecutive months of net inflows through November. Many analysts now forecast gold prices could reach 5,000 U.S. dollars per ounce by 2026.