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

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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