Gold price hits record high as investors seek safety
Source: BBC
The price of gold has hit a record high as demand for the precious metal remains strong amid global economic uncertainty.The spot gold price hit $3,508.50 per ounce early on Tuesday, continuing its upwards trend which has seen it rise by nearly a third this year.The precious metal is viewed as a safer asset for investors during times of economic uncertainty, and its price rose earlier this year after US President…
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