The Rapid Growth Continues. The Price of Gold Exceeded $5,400

Ирина Орлонская Economy
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On the commodity exchange, gold has set a historic record, reaching over $5,400 per troy ounce. This data is provided by the trading platform.

As of December 4, according to Bishkek time, the price of gold on the New York Comex exchange was $5,411 per troy ounce.

The day before, the price of gold crossed the $5,200 per troy ounce mark for the first time in history.

This precious metal has been demonstrating record figures for 50 days. Experts attribute this growth to increased geopolitical tension and expectations of a decrease in the Federal Reserve's interest rate.
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