The price of gold remains at highest since 2011 on the risks of pandemic

The price of gold managed to gain a foothold at the level of $1800 per Troy ounce and again refresh the record since 2011, around the risks of a pandemic continue to support the demand for more reliable assets, according to the auction. By 17:20 Moscow time the cost of the August gold futures on the new York stock exchange Comex have grown on 0,9%, or $16,25 — up to $1826,15 per Troy ounce. Earlier in the course of trading the price reached $1829,65. This is the maximum since September 14, 2011. Thus on 6 September of the same year, gold rose to $1911,6. The September futures contract for silver rose in price on 2,25%, to $of 19.12 per ounce. As noted by “PRIME”, gold is considered a more reliable asset, the demand for which is supported on the back of increased global risk.

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