The ounce of gold reached a new record
According to Mehr News Agency to According to Reuters, the price of gold reached a new record on Monday. The demand for this precious metal as a safe haven has increased as traders are considering the escalation of tensions in the Middle East as well as the instability caused by the US presidential election.
The price of gold per ounce increased by 0.39% to $2,731 and 98 cents today. The price of gold futures in New York’s Comex market has reached $2,745 and 30 cents with an increase of 0.56%.
Markets are focused on geopolitical risks in the Middle East. The Zionist regime is talking about attacking Iran after attacking the house of the country’s president Netanyahu on Saturday. Joe Biden and his administration want to resume ceasefire talks in the region, but many officials of the Zionist regime are against peace talks.
