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Gold, price at 2-month high

At the end of the morning, the quotation reached 1287.5 euros – Analysts consider progress up to 1.293-1.297 dollars possible.

Gold, price at 2-month high

The race for safe-haven assets continues. The price of gold is at a two-month high and, given the persistent international tensions, it could rise further.

When the European markets opened, the price of the precious metal was above what is seen as an important support threshold: 1.281,5 dollars an ounce. At the end of the morning it reached 1287.5 euros.

Analysts consider progress up to 1.293-1.297 dollars possible.

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