Gold Price Surpasses Record $5,300
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The price of gold hit a new all-time high Wednesday morning as the precious metal surged more than 20% this year.
Gold prices pushed higher on Tuesday after breaking through the $5,000 per ounce milestone for the first time in the previous session.
Gold prices surged beyond $5,000 per ounce for the first time late Sunday, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies,
LONDON, Jan 29 (Reuters) - Gold demand hit an all-time high last year as jitters over instability and trade sparked a surge in investment, even as a series of record price peaks kept jewellery buyers from the tills.
Gold and silver hit record highs on Monday, driven by a flight to safety after President Trump warned of extra tariffs on some European countries in a dispute over Greenland. Spot gold jumped 1.7% to $4,
Gold and U.S. equities are climbing in tandem, with both markets setting fresh records instead of moving in their usual opposite directions. That rare alignment is exactly what many economists warn can precede a break in confidence, because it suggests ...
As per World Gold Council (WGC), jewellery demand by volume fell 24% year-on-year to 430.5 tonnes in India, underscoring how successive record gold prices discouraged buyers from purchasing larger quantities.