Gold touches a new historic high and silver breaks $120

The price of gold rose to a record level of nearly $5,600 per ounce, today, Thursday, as investors resorted to a safe haven from the rising Geopolitical tensions and the decline in economic indicators in the United States. Silver also benefited from this trend towards a safe haven, exceeding the $120 level for the first time in history.

And The price of gold in spot transactions rose 2.1% to $5,513.09 per ounce by 11:22 GMT, after earlier touching $5,594.82.

US gold futures (February delivery) rose 3.8% to reach $5,506.30, after recording an all-time high of 5,626.80. Dollars.
And in the white metal, the price of silver rose by 1% to reach $117.79 per ounce, after reaching a record level of $120.45.

And in Other precious metals Platinum rose 1.4% to $2,735.15 an ounce, while palladium fell 1% to $2,052.75.

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