Washington. Yesterday, gold surpassed the record of $5,000 per ounce for the first time in its history, in a climate of growing global uncertainty and turmoil caused by the policies of US President Donald Trump.

The price of gold reached $5,026 per ounce after another metal considered a safe haven asset, silver, hit a record high of $102 per ounce.

Gold has appreciated recently due to turbulence over Trump’s ambitions for Greenland and his pressure on the Federal Reserve, although in the last two years, the precious metal has also strengthened due to factors such as the weakness of the dollar and rising global inflation.

Likewise, the price of this metal has risen due to the wars in Ukraine and Gaza, as well as Washington’s intervention in Venezuela. In January 2024, gold barely exceeded $2,000 per ounce.

By Editor