Gold surged to an all-time high above $5,500 an ounce, extending a breakneck rally fueled by US dollar weakness and a wider flight from sovereign bonds and currencies.Bullion jumped as much as 3.2% in early trading, building on a 4.6% leap in the previous session – its biggest one-day gain since the height of the Covid-19 pandemic in March 2020. Precious metals have risen dramatically this year on heightened geopolitical tensions and worries about the independence of the Federal Reserve, which have support ...