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The final day of trade of 2017 marked gold's biggest annual gain since 2010 as the US dollar weakened, with the precious metal price breaching the US$1,300 an ounce mark and gaining 13% for the year.
It was trading above $1,305/oz on the spot market earlier today, more than $30/oz higher than prior to Christmas.
Around the globe, the bull run on the S&P500 saw the index close up more than 18% for the year, the FTSE 100 rose almost 8%, the S&P/TSX and TSX Venture Composite indices finished up around 5% and 10% higher, respectively, and the S&P/ASX 200 rose 5.8% in 2017.
Bellwether metal copper rose just over 30% for the year in terms of spot prices on the London Metal Exchange, according to data compiled by Quandl.
As for whether the market momentum will continue in 2018, the S&P/ASX 200 headed lower today but a mix of miners were the top five gainers in the opening day of Australian trade for 2018, led by lithium developer Pilbara Minerals (AU:PLS) rising around 5%.
