Economic slump gives shine to gold Financial

The gold price rose briefly in the afternoon to close to $ 1,800 per troy ounce, the highest level since mid-2013, but then slowed down a bit.

The gold price has recently started firmly again as investors seek refuge in the precious metal because of the uncertain economic future due to the impact of the corona virus.

The dollar’s pullback, which started a strong advance earlier this month, also contributed to the further rise in the gold price.

Gold experts take into account that there is even more in store for gold. The price of the noble language thus seems to approach the highest level, just below $ 1900.

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