Gold

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,…