MARKET NEWS — Gold prices have reached a record high of more than $2,700 in recent days. The ounce price was up 2% across last week and is currently more than 37% up on a year ago.
Several factors seem to be pushing up the price of precious metals, which are seen as a safe haven in times of uncertainty. One is that interest rates are on a downward path - which could impact currencies and mean investors get less return for their cash. Source: Sky News
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