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> Economy

Gold rally – For the first time ever, it exceeded $3,000

This precious metal is a value-shelter against geopolitical fears and the trade war, after Trump's threat

Newsroom March 14 07:39

 

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The price of gold has surpassed $3,000 an ounce for the first time, as the precious metal is a value refuge against geopolitical fears and trade wars following Donald Trump‘s threat to impose high tariffs on European alcohol imports.

Around 12:15 GMT, the gold ounce was up 2.94% reaching $3,000.85.

Yesterday, it had already broken the previous record set in late February.

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