October 21, 2020

Gold price has set a new historical record

Gold price has set a new historical record

For the first time in history, the price of gold has exceeded $ 2,000 per ounce.

On Tuesday, the price of gold reached a record $ 2000 marks. It should be noted that this year the precious metal grew by 30%.

Most experts associate such an explosive growth in gold with the weakening of the economy as a result of quarantines and downtime of most enterprises.

In addition, investors are worried about the decisionUS Federal Reserve to print new dollars in order to support the economy. It's worth noting that more money was printed in 2020 than in two centuries.

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