The price of gold has updated the historical maximum
The price of gold futures for delivery in April 2025 on the New York Comex exchange updated its historical maximum on March 18, exceeding the mark of $3,050 per troy ounce. This is evidenced by the platform's data.
At 08:38 Moscow time, the futures price was $3050.4 per troy ounce with an increase of 0.32%. Later, at 08:58, this figure increased to $3052.4.
As of 10:57 a.m. Moscow time, the cost of the April futures is $3,044.3 with an increase of 0.12%.
On March 14, Natalia Milchakova, a leading analyst at Freedom Finance Global, told Izvestia that gold prices are rising at a very high rate in 2025 — prices for precious metals have increased by 12.4% since the beginning of the year. According to her, in the medium term, the rise in the price of gold will be stimulated by geopolitical instability, as well as the growing distrust of the US dollar from emerging markets.
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