Gold has reached a record price of $2507 per ounce

The price of gold has reached a historic high, setting a new record at $2,507 per ounce, which was the highest closing price in history.

Aug 15, 2024 - 16:36
Aug 15, 2024 - 16:39
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Gold has reached a record price of $2507 per ounce
Photo taken from public sources

Gold has set a new record, reaching the highest closing price in history — $2507 per ounce. This historical high reflects the growing interest in precious metals as a safe asset amid economic uncertainty. The rise in gold prices may be related to concerns about inflation, instability in global financial markets and the weakening of major currencies. Experts predict that the demand for gold will continue to grow as investors look for reliable ways to save capital.

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