Investment: Why the price of gold keeps reaching new records – Economy

The price of gold has rushed from record to record in the last few days. Last Monday it reached a new high for the fourth day in a row. At its peak, the price per troy ounce (31.1 grams) was recently at $2,195, an increase of almost seven percent since the beginning of the year alone. It is currently at $2163. The excitement surrounding the shiny precious metal is correspondingly great. Everyone is asking themselves: How far can this rally go?

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