The price of gold, an asset considered a safe haven, exceeded this Friday $2,609 per ounce (28 grams)thus establishing a new historical record.
Specifically, it reached $2,609.74. The increase comes two days after the U.S. Federal Reserve reduce your rates for the first time since 2020 and warned that there would likely be further cuts.
The last time the yellow metal was at its highest level was mid september. It did so because of the impending cut in US rates and the weakness of the dollar. In August, it had already set another record.
