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Gold Price Still Close to Record High

Summary by Resource-capital.ch
Experts from the European Central Bank have caused a stir with the publication of a new report. If there were to be an unforeseeable fall in the price of gold, the entire financial system could be negatively affected. Gold usually costs the same in Chicago as it does in London, but things were different some time ago. A troy ounce of gold in Chicago sometimes cost up to 50 US dollars more than in London. This is because physical gold has become …

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The gold price continued to rise on Thursday and is approaching the record high again. There are two reasons for this ... The so-called "Risk Off Trade" is running again. Investors take money from the "Risk Off Trade" table. Shares showed weaknesses during the night on Thursday, while gold showed strength. Approximate record high of AprilThursdayearly, a fine ounce (about 31.1 grams) on the London Stock Exchange temporarily cost 3377 US dollars …

·Vienna, Austria
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The gold price is on record again. But where the coveted precious metal comes from on Earth and how much of it our planet still reveals, there are different theories about it. read more on t3n.de

Gold prices continued to rise towards record high on Thursday. During the day, a marked dollar weakness increased demand for gold.

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resource-capital.ch broke the news in on Thursday, June 12, 2025.
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