The price of gold, one of the safe haven assets, reached a new record this Thursday, above $2,164 per ounce, making it five highs in three days.
Last Tuesday, the gold metal touched $2,141.79 and surpassed the previous record, in force since December.
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In Wednesday's session, the price of gold exceeded this limit on two occasions and today it has again set two maximums: $2,161.48 per ounce at 04:00 GMT and $2,164.78 at 13:00 GMT.
According to Sergio Ávila, IG analyst, the rise of the precious metal occurs “in a panorama in which the dollar and US Treasury yields have decreased.”
These increases come in response to expectations of a possible cut in interest rates by the United States Federal Reserve, driven by growing economic pessimism,” explains Ávila.
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EFE International news agency based in Madrid and present in more than 110 countries.