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Why Gold Is Flying From Record To Record: 'There Has Been A Conjunction Of Supply And Demand'

2023-12-04T18:16:11.719Z

Highlights: The price of gold reached an all-time high on Monday morning at the opening of the markets. This is well above the highs recorded in August 2 ($075,2022) during the Covid pandemic, and in March 1 (€870,<>) in the midst of the Ukraine crisis. The international situation explains the. Records broken, according to the head of the World Gold Council, Richard Quest. He says: 'There Has Been A Conjunction Of Supply And Demand'.


The price of the yellow metal reached an all-time high on Monday morning at the opening of the markets. The international situation explains the


Records broken. On Monday, December 4, the price of gold reached its highest level ever, both in dollars (at more than $2,100 per ounce, or about 31 g), and in euros (at more than 1930,2020 euros per ounce). This is well above the highs recorded in August 2 ($075,2022) during the Covid pandemic, and in March 1 (€870,<>), in the midst of the Ukraine crisis.

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Source: leparis

All business articles on 2023-12-04

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