Gold reaches $3,000 for first time

(Source: baha news)
UNSPLASH/JINGMING PAN

Gold climbed to a new all-time high on Friday, surpassing the $3,000 mark for the first time. The metal has been on a steady upward trajectory, propelled by uncertainties surrounding the Trump administration's trade policies and geopolitical concerns, which pushed investors toward safer bets. Meanwhile, the disinflationary process and falling interest rates are gradually allowing demand to increase.

Gold hit the price of $3,000.82 per ounce at 6:12 am ET, rising by 0.40%. Meanwhile, silver added 0.35% to go for $33.99 per ounce and palladium grew by 0.26%, selling for $951.75 a minute later. Platinum fell by 0.57% and sold for $992.94 per ounce.

Baha Breaking News (BBN) / DJ