An historic event has occurred on the exchange: the price of gold has exceeded 4,800 dollars per troy ounce, according to trading platform data.
As of 7:14 AM Moscow time, the price of the February gold futures on the New York Comex exchange rose by 80.86 dollars, which is a 1.7% increase compared to the previous close, reaching 4,847.8 dollars per troy ounce. During trading, the price temporarily climbed to a record 4,852.06 dollars.
At the same time, the March silver futures decreased by 0.88%, amounting to 93.787 dollars per ounce.
Experts attribute the rise in gold prices to the decline in the dollar's exchange rate, which, in turn, is due to the uncertainty in the geopolitical situation that arose after statements made by U.S. President Donald Trump.
Last Saturday, he announced the introduction of a ten percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. These tariffs will take effect on February 1 and will increase to 25% in June, remaining in place until the U.S. acquires the island.
