09.09.2025, 17:11
The price of gold has broken another record
Source: OREANDA-NEWS
OREANDA-NEWS The price of gold has reached another high. This is evidenced by Comex data.
At 16:39 Moscow time, futures for this precious metal reached $3,700.9 per troy ounce. Later, by 4:42 p.m., the quotes rose even more, to $3,702.5.
Earlier it was reported that by 13:15 Moscow time, the price of a troy ounce of gold rose to $ 3,692.7.
According to Stanislav Paulauskas, a member of the Expert Council of the State Duma Committee on the Financial Market, gold is currently viewed as "insurance" against currency risks and sanctions.
In turn, analyst Andrey Lossan believes that the reasons for the rise in global gold prices were, on the one hand, increased demand for this metal from central banks, and, on the other, increasing geopolitical tensions.
At 16:39 Moscow time, futures for this precious metal reached $3,700.9 per troy ounce. Later, by 4:42 p.m., the quotes rose even more, to $3,702.5.
Earlier it was reported that by 13:15 Moscow time, the price of a troy ounce of gold rose to $ 3,692.7.
According to Stanislav Paulauskas, a member of the Expert Council of the State Duma Committee on the Financial Market, gold is currently viewed as "insurance" against currency risks and sanctions.
In turn, analyst Andrey Lossan believes that the reasons for the rise in global gold prices were, on the one hand, increased demand for this metal from central banks, and, on the other, increasing geopolitical tensions.
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