OREANDA-NEWS   During trading on Wednesday, December 24, the price of gold reached another high and at the moment rose to almost 4555 dollars per troy ounce. This is evidenced by data from Comex (a division of the New York Mercantile Exchange).

At its peak, the price of precious metal futures for delivery in February 2026 reached $4,554.9 per troy ounce. By 2:15 p.m. Moscow time, gold quotes had fallen to $4,515.9. Despite this, the increase to the closing level of the previous trading session by that time was 0.23 percent.

Global gold prices have been steadily breaking records over the past few days. During the week, the exchange value of the precious metal increased by more than $ 100. So, on Thursday, December 18, the quotes at the moment were 4409.45 dollars per troy ounce.

Analysts attribute the continued rise in gold prices to a number of factors. Experts cite the persistence of a tense geopolitical situation in the world as one of the main reasons for such price dynamics against the background of worsening relations between the United States and Venezuela, as well as the continuation of hostilities in Ukraine. Against this background, gold is traditionally perceived by global market participants as a "safe haven asset."