Gold Hits Historic High of Over $3,500 an Ounce

Unprecedented on the markets! This Tuesday, gold has crossed the symbolic threshold of $3,500 per ounce for the first time, setting an absolute record.

The precious metal is seeing significant demand amid a globally tense economic climate. This surge is driven by the escalation of the trade war initiated by the United States, as well as the intense tensions between former President Donald Trump and the Chair of the Federal Reserve, a context that has severely shaken Wall Street.

At 7:30 AM GMT, the price of gold stood at $3,467.87 per ounce, after having reached a historic peak of $3,500.10 earlier in the day.