Spot gold hits a new record high, reaching $2,943 per ounce
the spot gold price hit a new historical high after a week, reaching a peak of $2943 per ounce. A research report from ANZ Bank pointed out that as the market focus returns to the uncertain economic background, the price of gold rises. The risk of a full-blown trade war is high, which has stimulated investors' demand for safe-haven assets such as gold.
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