“The price for gold reached a record level of $ 3977”, – WRITE: www.radiosvoboda.org
The price of gold was approaching $ 4,000 for an ounce, as the Shatdow in the United States and the political crisis in France have added uncertainty in the financial markets.
The price of gold in the ingots rose to $ 3977.44 per ounce.
Since the beginning of this year, the price of gold has increased by almost 50 percent.
Gold, which is often considered a “quiet harbor” during the upheaval, has been on the way to its best year since 1979, when prices have increased by more than 100% during high inflation, devaluation of the dollar and the geopolitical crisis in the Middle East.
According to Bloomberg, one of the largest investment companies in the US and the world of Goldman Sachs Group Inc, reflecting positive moods for gold, raised its forecast for December 2026 to 4,900 dollars for an ounce of $ 4,300.