Gold Prices Raised

Gold Prices Raised

The price of gold has continued to rise even during today on international markets, keeping close to record historical levels between global economic uncertainty and geopolitical tensions.

According to data from Kitco and international markets, gold spot was traded around $4,565 per ounce, marking more than 1% growth over the past 24 hours, Kosovas reported.

Future US gold contracts also increased by 0.8%, reaching $4,559.80 per ounce. Besides gold, the price of silver was rising, where an ounce of silver was expensive by over 2%, reaching 77 dollars.


US President Donald Trump said the governments of Washington and Tehran have conducted broad negotiations for a memorandum of understanding concerning a peace deal, which would enable the reopening of the Hormuz Union for Trade, AA writes.

Trump's statements have stepped up expectations of reaching an agreement with Iran, adding prospects for the reopening of Hormuz Strait. /Periscope

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