The rapid growth continues. The price of gold has exceeded $5,400.

Сергей Мацера Economy
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A significant jump has occurred in the gold market: the price per troy ounce has exceeded the mark of $5,400, setting a new record. This data was provided by the trading platform CME Group.

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, gold surpassed the threshold of $5,200 per troy ounce for the first time in its history.

Prices for this precious metal have been setting new records for 50 consecutive days, and experts attribute this to rising geopolitical tensions and expectations of a decrease in the interest rate by the U.S. Federal Reserve.
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