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Gold price hits record high as US dollar sinks – MINING.COM –

Bullion made history with a record price of $1,945.10/oz Monday.



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Gold is still “red hot”. Image: Polyus.
Gold continued its upward climb on Monday and made history by touching record prices as worries over the coronavirus pandemic and intensifying US-China tensions weighed on investor sentiment.
Spot gold surged 2.0% to $1,936.81 per ounce by 3:15 p.m. EDT. Earlier in the day, the spot price set an all-time high by trading at $1,945.10 per ounce, eclipsing the previous record high set in September 2011.
Gold futures for December delivery, now the most act…

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