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Spot gold stands above $4,800 per ounce, continuing to hit record highs

**Source**: Wall Street CN
**By**: Zhao Ying
On Wednesday, spot gold surged past the $4,800 per ounce mark, continuing to set a new all-time high with an intraday gain of nearly 0.8%.
New York gold futures edged up to touch $4,800 per ounce, posting a 0.75% intraday rise.
South Korea’s KOSPI reversed losses to turn positive, erasing its earlier 1.6% decline.
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