New all-time high for gold prices, up 20% since the beginning of the year
Overnight, gold reached a new all-time high. A troy ounce (31.1 grams) was traded on Asian markets at $3,167, an increase of 0.5% compared to Wednesday.
The price of gold has surpassed $2,800 an ounce for the first time in history
Gold prices rise amid tensions in the Middle East and Eastern Europe, as well as uncertainty over the outcome of the US presidential election and the future prospects of the US economy.