The price of gold continues to rise, having exceeded the $2,500 mark for the first time, and according to experts, the price of gold could rise to three thousand dollars per ounce as early as next year. /nginx/o/2023/12/04/15760807t1h23e8.jpg)
Gold. Photo: David Gray
The price of gold continues to rise, having exceeded the $2,500 mark for the first time, and according to experts, the price of gold could rise to three thousand dollars per ounce as early as next year.
Expectations that the Federal Reserve will begin cutting interest rates in September, as well as anticipation of another conflict in the Middle East and tectonic shifts in the global economy, where protectionist sentiment is growing, are helping to boost gold prices.
Late last week, gold prices rose to $2,507 an ounce, a new all-time high. On Wednesday, gold was $2,506 an ounce.
