Gold has continued rising in financial markets, hitting new all-time high (ATH) prices against the U.S. dollar. The precious metal’s price rose to levels close to $2,450 per ounce this Monday, fueled by geopolitical tensions and the expectations of a Federal Reserve dovish move on interest rates. Other motives propelling gold prices would be the continued demand from central banks, which have propped up gold prices by 30% this year. Silver also rallied, reaching $32.28, breaking an 11-year price record.
Gold Prices Break Record Highs, Silver Also Rallies
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
