Gold continues to rise in price, reaching new records. Experts point to its status as a reliable asset that protects capital in conditions of geopolitical and economic instability.
On the New York Mercantile Exchange (COMEX), gold futures for February delivery rose by 1.82 percent, reaching a peak of $4,852.6 per ounce. In recent days, the prices of the precious metal have increased by 5.6 percent.
The new price records for precious metals are attributed to the worsening situation around Greenland and the sharp decline in Japan's national debt, which, according to Bloomberg, has increased interest in safe-haven assets.
