Gold Reached its Highest Value since 2013

Business | January 8, 2020, Wednesday // 07:37|  views

The price of gold has reached a 7-year high because of the danger of a military conflict between Iran and the United States. It reached $ 1,582 an ounce. This is the highest value since April 2013. The rise was expected because in times of geopolitical crises, gold is seen as a safe investment and the price goes up.

The palladium however holds the all-time price record. This rare metal is already significantly more valuable than gold, having risen by 55% in 2019.

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