Editor's PiCK

Gold breaks 3900 dollars for the first time ever… sets new record again in 10 days

Source
Suehyeon Lee

Summary

  • It said international gold prices surpassed 3900 dollars per ounce, setting an all-time high.
  • It said this new high was achieved less than 10 days after surpassing 3800 dollars.
  • It said this was the result of a strengthened preference for safe-haven assets as uncertainty increased due to the U.S. federal government shutdown and the non-release of economic indicators.

International gold prices broke through 3900 dollars per ounce for the first time in history.

On the 6th (local time), according to WatcherGuru, the spot gold price briefly reached 3900 dollars during trading, marking a new record. This record came less than 10 days after it first exceeded 3800 dollars.

It is interpreted as the result of a strengthened preference for safe-haven assets as uncertainty grew due to the continued U.S. federal government shutdown and the non-release of various economic indicators.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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