Gold Hits Record High

The price of gold has reached an all-time high, as concerns about the health of the recovery in the United States and the increasing signs of the second waves of Corona virus around the world have boosted demand for assets that no one can afford.

Gold futures rose to $ 1.939.35 an ounce before retreating to $ 1.938.35 an ounce (1030 GMT).

Silver futures also rose again in sympathy, rising 6.1% to $ 24.24 an ounce, the highest level since 2013. Meanwhile, the dollar index hit its lowest level since September 2018.

The prospect of negative real interest rates in the foreseeable future has reinforced the state of non-interest assets, as gold and silver ETFs have recorded significant inflows in recent weeks.