The price of gold this week exceeded $1,800 per ounce, trading data shows. While global investors assess the risks of high inflation, some experts say gold prices could soon double.
The price of December gold futures on the New York Comex stock exchange on Friday jumped 1.69%, to $1812.15 per ounce. Over the week, gold has risen in price by some 2.5%, its fastest weekly growth rate since spring.
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