Photo: Michael Caronna / Reuters
Gold price broke the historical record and reached 1911,7 dollars per Troy ounce, this is the maximum since 2011, reports Bloomberg.
A precious metal that is traditionally one of the safest assets, rose on the background of the collapse of the dollar and renewed tension in relations between the US and China and low interest rates. Analysts do not exclude further growth, for example, in Goldman Sachs believe that gold will cost more than two thousand dollars per ounce already this year.
The price of gold, which is traditionally considered a “safe haven for investors,” growing in 2020 against the background of the pandemic coronavirus. The previous record precious metal established in may, when its price reached the highest level since 2012.
Video, photo All from Russia.