The price of gold exceeded the ghost limit

On Thursday, the US stock market S&P 500 index went into a technical repair shop.

Use The price today has been exceeded for the first time on Friday for $ 3,000 from ounce, report news agencies AFP and Bloomberg.

Investors have faded a safe haven kept the golden gold as the US President Donald Trump Trade wars in the market have caused significant uncertainty in the market.

According to Bloomberg, gold prices in the world market had risen by 0.4 percent to $ 3,001.2 on Friday. Since the beginning of the year, gold has risen by 14 percent.

In the same Time when gold prices have broken records, the US stock market has declined three weeks in a row.

The S&P 500 index next to the US shares, on Thursday, sank into a technical repair shop. This means that the index has fallen by ten percent of the previous peak.

For centuries, gold has been a kind of market fear meter in uncertain times. The gold price of gold rose to a thousand dollars after the financial crisis and two thousand dollars during the corona pandemic.

By Editor

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