Gold has the highest price in history

Spot gold jumped 1.6 percent to $ 2009.13 an ounce, and by 18:42 GMT, it was up 1.4 percent to $ 2004.35 an ounce.

And US gold futures contracts were settled 1.7 percent to 2021 dollars, after it also reached an unprecedented peak at 2027.30 dollars.

Edward Moya, senior market analyst at “Oanda Brokerage”, said that prices may rise towards the level of $ 2300 by the end of the year.

And gold won 32 percent since the beginning of the year, primarily supported by low interest rates and widespread stimulus by central banks around the world to mitigate the impact of the economic blow to the pandemic.

Other precious metals also followed the same pattern, as silver rose seven percent to a week’s high at $ 25.95 an ounce, supporting positive factory data, and was in the most recent high of 5.6 percent to $ 25.60.

Platinum rose 1.4 percent to 928.78 dollars an ounce, and palladium increased 2.3 percent to 2132.63 dollars an ounce.


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