Investors looked to safe-haven investments on Monday, with the price of gold hitting a record high. Spot gold jumped 1.4% to $3,735.40 an ounce by late morning in New York, briefly topping all-time highs after five consecutive weekly gains. The rally was reinforced by exchange-traded fund inflows, which jumped 0.9% on Friday - the sharpest increase since 2022, Bloomberg data showed. Societe Generale reported that demand rebounded to 63 tonnes in September, matching post-2022 averages and providing additional support to bullion. Options activity spiked Friday, with trading in the iShares Silver Trust topping 1.2 million contracts, the most since April 2024.