The price of gold futures with sale in April for the primary time in historical past exceeded $ 3,000 for Troy ouncefollows from information COMEX Future Service provider Trade.
The worth of gold up to date the historic most on the night time of March 14. By 7:31 MSC, the price of gold futures reached $ 3005 per ounce, however later decreased. On the time of publication of this notice, gold traded at $ 2998.
The rise in gold worth occurred in opposition to the backdrop of the autumn of the American inventory market. Over the previous month, the S&P 500 inventory index fell Virtually 10%, and solely within the final week (from March 7 to March 13) the index decreased by 4.3%.
The price of gold in 2024 up to date the file 40 instances, Reported World Gold Council