The price of gold hit a new all-time high this week on growing investor appetite for safe-haven assets. Experts project the epic run to continue, with gold to pass new milestone highs.
The commodity’s price surged to over $1,940 per ounce on Monday (surpassing a peak touched in September 2011) amid worries over the Covid-19 pandemic and tensions between the United States and China. It was trading at $1,954.30 as of 12:50pm GMT on Tuesday.
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