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Gold to new record high

ByVictoria

Gold surged above $3,400 to a record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion.

Spot gold rose 2.6% to $3,415.24 an ounce at 10:46 a.m. ET (1446 GMT). Prices hit a record high of $3,424.25 earlier in the session.

U.S. gold futures rose 3% to $3,426.30.

“As tariff tensions continue to move at a fevered pitch, we continue to see gold prices move to the upside as a safe haven response,” said David Meger, director of metals trading at High Ridge Futures.

Source – Reuters

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    Today marks an exciting moment in the growth of Victoria’s Coin — we’ve officially welcomed our first paying Founding Member. This milestone represents more than a transaction; it’s a sign that the directory is providing real value to trusted gold and silver dealers across the country. I’m grateful for the support and energized to continue building a reliable, transparent resource for collectors, investors, and reputable dealers nationwide.

    Thank you community for following on this journey to continue to help investors and collectors alike in finding their one stop shop for precious metals.

    Cheers to your investments!

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