Article 733GW Gold price tops $5,000 an ounce for first time as investors seek safe haven from Trump turmoil

Gold price tops $5,000 an ounce for first time as investors seek safe haven from Trump turmoil

by
Patrick Commins
from US news | The Guardian on (#733GW)

Rising fears that another US shutdown looms pushes gold price to new height amid nearly 90% rise since Trump's inauguration

Gold has jumped above $5,000 an ounce for the first time, as Donald Trump's chaotic policies and proclamations drive more investors to seek safe harbour in the precious metal.

The price of the yellow metal reached a record high of $5,100 on Monday morning, before easing back to settle up 2.2% at $5,089.

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