Gold prices in a week…a record high, and an ounce exceeds $4,500

Gold prices continued to rise over the past week and recorded New record levels yesterday, Friday, driven by demand for safe havens, and increasing expectations that US interest rates will be cut again next year.

Gold rose on Gold prices Yesterday, Wednesday, following a record rise during the week, they fell in spot transactions by 0.2% to reach $4,479.38 per ounce, while US futures contracts declined For gold by 0.1%, reaching $4502.8 upon settlement.

Gold prices Wednesday

On Wednesday, gold exceeded the level of (‍4500) dollars Per ounce (ounce), for the first time, silver and platinum rose to record levels as well.

Gold rose in US contracts Gold futures for February delivery (0.3%) reached a record level of (4520) dollars.