Gold prices have surged past $5,000 (£3,659) an ounce for the first time on record, extending a powerful rally that has reshaped global commodity markets over the past year. The precious metal’s latest milestone comes amid rising geopolitical and economic uncertainty, including fresh tensions between the United States and NATO over Greenland and renewed concerns…
Gold prices recently soared to an all-time high as investors sought refuge from mounting global economic and political instability. The spot price of gold climbed to $3,508.50 per ounce early in the day, continuing a rally that has seen the precious metal gain nearly 30% since the start of the year. Often considered a safe-haven…
For the first time in history, the value of a standard gold bar has reached $1 million, driven by a surge in the price of the precious metal. On Friday, the spot price of gold surpassed $2,500 per troy ounce, setting a new record. Given that the average gold bar weighs approximately 400 troy ounces,…
